ANKARA (AA) - Turkish Privatization Administration stated today (Tuesday) that the deadline for submitting bids for the Turkish Telecom shares was extended to June 24th, 2005.
Upon requests of investors, Turkish Privatization Administration decided to extend the deadline for 24 days from May 31st to June 24th, 2005.
Eight investors (Dogan Holding; Emirates Telecommunications Corporation (Etisalat)/Cetel Calik Enerji Sanayi ve Ticaret A.S./Dubai Islamic Bank joint initiative; Koc Holding A.S./Haci Omer Sabanci Holding A.S. joint initiative; Ordu Yardimlasma Kurumu (OYAK-Solidarity Agency of Army Members); Saudi Oger Ltd.; Telecom Italia; Turkish Privatization Investors; and 14-member joint initiative led by Turktell Bilisim Servisleri A.S.) are bidding for privatization of 55 percent of Turk Telecom shares.
(UK-MS)
2005-05-10