Turkish Banks Take Over Largest Phone Operator After Default
A pedestrian passes an advertisement for Turk Telekom AS telecommunication services in the Nisantasi district of Istanbul, Turkey. (Photographer: Kerem Uzel/Bloomberg)  

Turkish Banks Take Over Largest Phone Operator After Default

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(Bloomberg) -- A group of Turkey’s major banks took control of Turk Telekom AS, the nation’s largest phone company, setting it up for a likely sale after previous owner Otas defaulted on a multi-bi...
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