28.08.2025 02:10
The Minister of Transport and Infrastructure, Abdulkadir Uraloğlu, announced that the agreement signed between Türk Telekom and the Information Technologies and Communications Authority extends the fixed services concession until 2050. This agreement is expected to contribute $20 billion to the Turkish economy.
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Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that the fixed services concession has been extended until 2050 with the agreement made between the Information Technologies and Communications Authority (BTK) and Türk Telekom.
FIXED SERVICES CONCESSION EXTENDED UNTIL 2050
Uraloğlu stated in a written statement that the fixed services concession of Türk Telekom has been extended until the year 2050 with the agreement reached between BTK and Türk Telekom.
Emphasizing that the concession for Turkey's fixed services infrastructure has been concluded with great diligence and sensitivity, Uraloğlu said, "The agreement will provide a direct contribution of 20 billion dollars to the national economy through the fixed infrastructure and service investments to be made during the specified concession period."
"WILL MAKE A SIGNIFICANT CONTRIBUTION TO THE DIGITALIZATION JOURNEY"
Uraloğlu pointed out that with the renewal of the concession, a new era has begun in Turkey's digital transformation, and he noted: "A model has been created that will ensure the sustainability of critical fixed infrastructure investments in Turkey's digitalization journey within the scope of the agreement. The renewal of the concession will make a significant contribution to both the Turkish economy and our country's digitalization journey."
Recalling that 25% of Türk Telekom's shares belong to the Ministry of Treasury and Finance, and 60% belong to the Turkey Wealth Fund, Minister Uraloğlu stated, "Türk Telekom's fixed communication infrastructure is also Turkey's infrastructure. Therefore, every investment made by Türk Telekom is directly a gain for Turkey."
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