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Turkey's Lifecell İnvestments Reach $2B İn Ukraine

26.05.2018 16:13

Operator is primary investor in Ukraine, Turkcell chairman says.

Turkcell Board Chairman Ahmet Akca has been elected to the National Investment Council of Ukraine -- a country where Lifecell is one of the most important investors.



Lifecell -- Turkcell's company in Ukraine -- provides 3G and 4.5G network technologies in the country where its investment has reached nearly $2 billion, according to a press release by Turkcell.



Speaking at the council, Akca said: "Lifecell is the primary investor in Ukraine with $2 billion investment, of which $700 million was made after 2014."



Meanwhile, Lifecell's central office was moved to the country's modern business center -- the Eleven Business Center, the press release said.



Kaan Terzioglu, Turkcell's CEO, said: "We are focused on strengthening our position in countries where we are active in being a regional power."



Turkcell spearheaded GSM-based mobile communication in Turkey when it started operations in 1994.



Since then, it has continuously expanded its services based on mobile, audio and data communication. -



 
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