Turk Telecom sheds 500,000 subscribers in ’08 (Turkey)
Turk Telecom subscribers fell in 2008 by 500,000 to 17.5 million, a level the company is trying to keep in 2009, according to a report. “We haven’t made any changes now after the beginning of the crisis to the plans we made before the crisis,” said Erem Demircan, head of the company’s marketing and internal communications. According to a report, Turk Telekom is expected to make investments of between 1.1 billion and 1.3 billion lira in 2009.