Blow for Vodafone as Türk Telekom secures 25-year fixed infra licence extension
State-controlled telco extends fixed infra concession, committing $20bn into network expansion and improvements over next 25 years. Renewal runs counter to rival Vodafone Turkey’s calls for greater collaboration in sector. Investors not impressed by stressed leverage, either…
This article includes:
- Organisations: FTTH Council Europe; Ministry of Treasury and Finance; Post and Telegraph Agency; Turkcell; Türk Telekom; Turksat; Vodafone Turkey.
- Geographies: Europe; Turkey.
- People: Engin Aksoy; Ümit Önal.
- Themes: Broadband; Capital expenditure (capex); Connectivity; Concession fees; Cybersecurity; Fibre (FTTP); Fibre infrastructure; Fixed infrastructure; Infrastructure; Investment; Licence extensions; Network expansion; Network investment; Privatisation; Regulation; Retail services; State-owned assets; Technology; Wholesale services.
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