Turkey's Turk Telekom says net profit drops in nine months

Turkey's Turk Telekom said its net profit over the first nine months of 2009 had dropped by 18.5 percent to 1,369 million Turkish liras.

Turkey's Turk Telekom says net profit drops in nine months

Turkey's largest fixed-line phone operator Turk Telekom said its net profit over the first nine months of 2009 had dropped by 18.5 percent to 1,369 million Turkish liras (nearly 960 million USD).

The company's consolidated profit increased 3 percent over the same period last year up to 7,818 million Turkish liras.

Turk Telekom said it spent 1,750 million Turkish liras for investment in the first nine months of 2009 which marked a 80.4 percent increase over the last year.


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Last Mod: 21 Ekim 2009, 08:21
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