Turkey's Turkcell submits non-binding offer for Macedonian Cosmofon

Turkey's top mobile operator Turkcell has submitted a non-binding offer for Macedonian peer Cosmofon, a senior Turkcell official told Reuters on Wednesday.

Turkey's Turkcell submits non-binding offer for Macedonian Cosmofon

Turkey's top mobile operator Turkcell has submitted a non-binding offer for Macedonian peer Cosmofon, a senior Turkcell official told Reuters on Wednesday.

Telekom Austria, Slovenia's Telekom and Turkish fixed-line operator Turk Telekom have expressed interest in buying Cosmofon, which is owned by Greece's OTE.

"Our work to evaluate investment potential emerging in various countries. We have submitted a non-binding offer for Cosmofon within this scope," Turkcell's Koray Ozturkler said.

Turkcell's executive board has not made a decision regarding Cosmofon, he said.

Turkcell shares dipped 1.82 percent to 8.10 lira in morning trade, in line with the main stock exchange index.


Reuters

Last Mod: 21 Ocak 2009, 15:40
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