Turkcell Group

Türkiye's leading mobile operator Turkcell plans to invest $240 million in renewable energy, said Murat Erkan, the company's General Manager.

The company's solar energy power plants with a total installed capacity of 300 MW will come online in the next three years, according to Erkan.

Turkey's leading mobile phone operator, Turkcell, has signed an agreement to acquire a 44.96 percent stake in Euroasia Telecommunications Holding, which owns 100 percent of Astelit LLC, the Ukrainian mobile operator of "life:)".

Turkcell already has a 55 percent stake in the "life:)" brand in Ukraine.

Turkey?s largest mobile operator Turkcell posted a lower-than-expected net profit of 258 million Turkish Liras ($105 million) in the fourth quarter,  due to foreign currency losses in operations in Ukraine and Belarus.

Turkcell is known as the crown jewel of the Turkish ICT industry. It is very profitable and it disseminates technology to every corner of the country far better than its rivals.

Financially speaking, Turkcell Group delivered a solid performance in 2013.