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Turk Telekom to Sign Contracts in Middle East- Source - ASHARQ AL-AWSAT English Archive
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ISTANBUL, (Reuters) – Fixed line operator Turk Telekom will sign fiber optic contracts with Jordan, Syria and Saudi Arabia on June 16 as part of its acquisition of Invitel, a source told Reuters on Thursday.

Turk Telekom bought in May central and eastern European data capacity and services firm Invitel International and its units for 221 million euros ($297 million).

The same source said that Turk Telekom expects to sign complementary deals in the Middle East that would expand the company’s market share in data traffic between Europe, the Middle East and Turkey.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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