Turkish telecoms regulator, the Information and Communication Technologies Authority (ICTA) has approved Turk Telekom’s acquisition of units of European data capacity firm Invitel, part of Turk Telekom’s drive to invest in its higher yielding data services business.

The acquisition is part of Turk Telekom’s drive to increase its presence in the lucrative data services market. Turk Telekom first announced the planned acquisition in May.

According to the firm, Turk Telekom will start all the necessary procedures, and the acquisition process will be finished within the shortest time. Invitel is presently owned by private equity firm Mid Europa.