Turk Telekom in Turkey says 2009 net profit up 5 pc

Turkey's biggest fixed line phone operator, said its net profit rose 5 percent to 1.8 billion Turkish liras in 2009.

Turk Telekom in Turkey says 2009 net profit up 5 pc

Turk Telekom, Turkey's biggest fixed line phone operator, said Thursday its net profit rose 5 percent to 1.8 billion Turkish liras in 2009. (1 USD equals nearly 1.51 TL)

Company's consolidated revenues were also up 4 percent to reach 10.5 billion TL, Turk Telekom said in a statement.

Turk Telekom said revenues from ADSL operations grew 28 percent, while revenues from mobile operations increased 19 percent to 2.5 billion TL in 2009.

Turk Telekom is the owner of Avea, Turkey's third largest mobile phone operator.

The company also said that its consolidated investments surged 40 percent to 2.5 billion TL last year.


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Last Mod: 12 Şubat 2010, 08:58
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