Turkey may sell Türk Telecom stake

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07 January 2010

Turkey’s communications minister Binali Yildirim is considering a plan to reduce the government’s 30% stake in Türk Telecom, by a public offering, a block sale or a combination

Comment: There is a surprisingly large number of state holdings in telecoms operators, more than 25 years after the UK government started the privatisation process with BT. For governments looking for funds, privatisation is...

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