Turkey: E-communicat­ion saw $1.8B investment­s

Dünya Executive - - OVERVIEW -

Turkey’s enterprise investment­s totaled 9.4 billion Turkish liras ($1.78 billion) in the electronic communicat­ion sector last year, the country’s transport and infrastruc­ture minister said. The sector’s net sales reached 58 billion Turkish liras ($11 billion) in 2018, up by 15.4% compared with the previous year, Cahit Turhan told Anadolu Agency. GSM companies’ incomes were 45 billion Turkish liras ($8.5 billion) in 2018, increasing

14.1% versus 2018, he added. “As of the end of last year, the number of mobile subscriber­s reached 80.1 million in Turkey,” Turhan noted. The mobile subscriber penetratio­n rate also reached 99%, he added. Monthly talk time averaged 444 minutes per subscriber in Turkey, which is the highest in the EU with this figure. “The number of our broadband subscriber­s rose 8.2% to reach 74.5 million as of the end of 2018,” the minister said.

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