12/30/2009

Vodafone buys Turkey's Borusan Telekom

Moneyweek.com - Vodafone has agreed to buy Borusan Telekom, an enterprise-focused provider of fixed voice and data services in Turkey. The mobile phone giant has not disclosed financial details of the deal. As of December 31, 2008, Borusan Telekom had gross assets of USD 18 million and for the year ended December 31, 2008, net revenues of USD 70 million.

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