Local telcos jostle for control of DigiTurk

4 Jul 2013

Turk Telekom and Dogan Holding are among the potential buyers for Turkish pay-TV operator DigiTurk, Reuters reports, in a deal that could be worth as much as USD1 billion. Meanwhile, banking sources close to the matter told the news agency that Rupert Murdoch’s NewsCorp and Liberty Global Inc (LGI) may also be interested in piecing together a deal for the company, which is currently owned by Cukurova Holding (53%) and US-based Providence Equity Partners (47%). While Turk Telekom is thought to be in pole position, Ali Guven, chief executive of D-Smart Net – Dogan Holding’s ISP unit – has confirmed to Hurriyet that his company is also interested in DigiTurk.

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