In the announcement made by The Privatization Administration it was stated that, the participants with initial qualifications affirmed were specified, for the tender that will be held for the block sale of 55 percent of Turkish Telecom shares.
The participants whose initial qualifications were approved by Turkish Telecom Tender Commission are: Belgacom SA de Droit Public, Dogan Holding Group, Emirates Telecommunications Corporation (Etisalat)-Cetel Calik Enerji Sanayi ve Ticaret Co.-Dubai Islamic Bank Joint Venture, Koc Holding Co.-Haci Omer Sabanci Holding Co. Joint Venture, Mapa Insaat ve Ticaret Co., Multi Global Link Sdn. Bhd., Ordu Yardimlasma Kurumu (OYAK), Saudi Oger Ltd., SK Telecom Co. Ltd., Telecom Italia International N.V, Telefonica S.A, Turkish Privatization Investors S.ar.I Turktell Bilisim Servisleri Co. leaded 14 members’ Joint Venture Group.
In the announcement that was made earlier, it was pointed out that not only the amount offered is important but also the conditions for sufficiency will be considered. A 10 year business plan had been demanded from the interested companies – according to the norms that were stated in the tender’s list of conditions – and it was said that the companies that got 75 out of 100 could qualify.