The Turkish mobile group Turkcell has been named as the most likely winner of an auction for a 93.99% stake in Bulgaria’s former monopoly operator Vivacom. Turkcell, which is itself backed by Scandinavian telco TeliaSonera, Altimo of Russia and Cukurova Holding of Turkey, is said to have offered over EUR870 million (USD1.14 billion) for the stake, according to Novinite, which cites local newspaper Capital.
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OVETEL Turkcell named as likely Vivacom winner
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