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Turkey : VIRGIN MOBILE plans roll out of telecom services in TURKEY [TendersInfo (India)]
[September 18, 2014]

Turkey : VIRGIN MOBILE plans roll out of telecom services in TURKEY [TendersInfo (India)]


(TendersInfo (India) Via Acquire Media NewsEdge) On Tuesday, Virgin Mobile announced to launch telecom services in Turkey.

Funding of the launch of Virgin Mobile s telecom services in Turkey will be through 40 million equity capital funding round supported by CEE Mobile Capital, Delta Partners Emerging Markets TMT Growth Fund II, European Bank for Reconstruction and Development and International Finance Corporation.



According to Virgin Mobile, certain amount from the funding will be also utilized for further growth in the existing Virgin Mobile operations in Poland and also to fund the development of future expansion opportunities in the Central and Eastern Europe region.

In 2015, Virgin Mobile brand will be available in Turkey.


Alan Gow, CEO of VMCEE BV, said, Virgin Mobile is excited by the growth opportunities in Poland, Turkey and across the CEE region. With the support of our new shareholders, we look forward to accelerating our growth in Poland and building the CEE region s leading MVNO operation.

(c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info).

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