Turkey’s telecom industry revenue surpasses USD 15 billion

Hurriyet - Turkey’s telecommunications sector posted TRY 28 billion (approx. 15.7 billion) of service revenue last year, according to the country’s Information Technologies and Communication Authority (BTK). The sector received TRY 5.5 billion (approx. USD 3 billion) of investments from telecom companies during last year, said BTK’s 4th quarter report.

The number of mobile subscribers using a 3G network in Turkey reached 31.4 million in the 4th quarter of 2011, while the total number of subscribers hit 65.3 million. Although the technology was only introduced in 2009, Turkey has surpassed the EU average of 30.1 percent in the 3G vs. 2G ratio, reaching 48 percent. At 261 minutes, the monthly average talk time in the country’s mobile networks is also one of the highest in Europe.

The four major telecom service providers in Turkey are Turk Telekom, Turkcell, Vodafone and Avea, while the sector employs some 35,000 people.
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