Talks on Borusan’s takeover by Vodafone Turkey about to conclude

www.WirelessFederation.com/news: Negotiations for the purchase of a controlling stake in Turkish alternative fixed line telco Borusan Telekom by Vodafone Turkey is on the verge of successful conclusion. Earlier, India’s Dhanus Technologies bought Borusan for USD30 million.

The two parties have three options- a partnership giving the UK-backed mobile operator management control of Borusan, 100% stock takeover or a majority stake purchase.

Vodafone Turkey’s acquisition of Borusan would help it to offer converged fixed, mobile and broadband services, and develop its corporate sector presence. Turkcell and Avea, rival telecom operators have already drafted the converged strategies.  ISP unit, TTNet of PSTN operator Turk Telekom, which cross-markets mobile broadband and Wi-Fi packages owns Avea.

Turkcell, a fixed broadband operator Tellcom (Superonline), on the other hand, is aiming at extended high speed internet service coverage both with HSPA mobile and fibre-optic technologies.