Part of Turkish information and communication company put up for sale

Business Materials 9 July 2015 12:25 (UTC +04:00)

Baku, Azerbaijan, July 9

By Rufiz Hafizoglu - Trend:

Turkey's Netas information and communication company has put up for sale its 48.04-percent share worth $270 million, said the message posted on the website of Turkey's Public Disclosure Platform.

The official exchange rate set by Turkey's Central Bank on July 9 is 2.6942 TRY/USD.

Turkish Armed Forces Foundation owns 15-percent share in this company.

Moreover, 36.96-percent share of Netas is listed on Istanbul Stock Exchange, according to the message.

Netas company was founded in 1967. It provides innovative end-to-end value added systems integration and technology services in the fields of information and communications technologies (ICT). Its customers range from telco providers to public and private enterprises in domestic and international markets.

Edited by SI


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