Türk Telekom allocates cash for acquisitions

January 29 2009 18:57:05

Türk Telekom allocates cash for acquisitions

Bloomberg

The company’s management will seek approval for the budget "to carry out any kind of company buyouts" at an extraordinary shareholders meeting on Feb. 25, according to the statement. Last month, Türk Telekom submitted a non-binding bid to buy Macedonia’s Cosmofon Mobile Telecommunications Services AD Skopje.

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