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Bullika
Joined: 29 Sep 2005
Posts: 3025
Location: World
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| Posted: Sat Jan 14, 2006 5:00 am Post subject: Vodafone North Cyprus |
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http://www.cyprusmirror.com/?newsid=2600&category=3
Quote: Vodafone, the winner of Telsim sell-off by the Turkish Savings Deposit Insurance Fund (TMSF) that offered $4,550 million on December 13, is to buy Turkish Republic of Northern Cyprus (Turkish Republic of Northern Cyprus) Telsim. The British company will pay $30 million more in the frame of the conditions of the bid agreement.
On the other end, the result of the Telsim bid was presented to Telecommunication Institution and the Competition Board. They are expected to announce their decisions in one month.
Is this allowed with the economic sanctions? |
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city
Joined: 15 Aug 2005
Posts: 3338
Location: Larnaca area
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| Posted: Sat Jan 14, 2006 6:47 pm Post subject: |
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| I thought Telsim was a turkish company not Turkish Republic of Northern Cyprus as I read from the quote.....? |
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Bullika
Joined: 29 Sep 2005
Posts: 3025
Location: World
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| Posted: Sat Jan 14, 2006 6:52 pm Post subject: |
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it is as far as i know, telsim Turkish Republic of Northern Cyprus belongs to telsim.
Telsim Turkish Republic of Northern Cyprus is different to Telsim in Turkey because it is considered a sister company abroad in another country. |
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respiridus
Joined: 26 Oct 2005
Posts: 1965
Location: Pera Orinis, Nicosia, Cyprus
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| Posted: Sat Jan 14, 2006 7:49 pm Post subject: |
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Quote: Is this allowed with the economic sanctions?
Vodafone also owns Cyta GSM (company name: CytaMobile/Vodafone). There's a good chance that this would allow them, under Republic of Cyprus laws, to operate TelSim with the same license they have for operating CytaGSM (if they use the same frequencies).
This could also have the added benefit of actually having - for the first time - our mobiles work in both sides with a single Vodafone card (either Cyta GSM or Telsim). :cool: |
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Bullika
Joined: 29 Sep 2005
Posts: 3025
Location: World
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| Posted: Sat Jan 14, 2006 8:12 pm Post subject: |
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respiridus wrote: Quote: Is this allowed with the economic sanctions?
Vodafone also owns Cyta GSM (company name: CytaMobile/Vodafone). There's a good chance that this would allow them, under Republic of Cyprus laws, to operate TelSim with the same license they have for operating CytaGSM (if they use the same frequencies).
This could also have the added benefit of actually having - for the first time - our mobiles work in both sides with a single Vodafone card (either Cyta GSM or Telsim). :cool:
and cheaper phone calls, :D |
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erolz
Joined: 11 Aug 2005
Posts: 4195
Location: Kyrenia / Girne
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| Posted: Sun Jan 15, 2006 5:14 am Post subject: |
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Telsim Turkey and Telsim North Cyprus were seperate companies but I believe that vodaphone has now bought both entities.
I would not be surprised if they soon implmented roaming from sout cypriot networks to north, but alos keep them as 'international' roaming deals, as that makes much more money for them. |
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Kifeas
Joined: 26 Aug 2005
Posts: 2732
Location: Location: Pafos-Cyprus, since 1974 ethnic cleansing. Originally, Lapithos, northern occupied Cyprus.
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| Posted: Sun Jan 15, 2006 11:54 am Post subject: |
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| Just to rectify once more the misinformation provided once again by another forum member, Vodafone doesn't own Cyta GSM but instead they have signed a partnership agreement. Cyta Gsm remains in the ownership of CyTA, as a subsidiary company. The Cytamobile-Vodafone is the new trademark that this partnership agreement between CyTA GSM and Vodafone has generated. |
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100%cypriot
Joined: 27 Jun 2006
Posts: 2148
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| Posted: Sat Jul 08, 2006 11:47 pm Post subject: |
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Kifeas wrote: Just to rectify once more the misinformation provided once again by another forum member, Vodafone doesn't own Cyta GSM but instead they have signed a partnership agreement. Cyta Gsm remains in the ownership of CyTA, as a subsidiary company. The Cytamobile-Vodafone is the new trademark that this partnership agreement between CyTA GSM and Vodafone has generated.
Oh well You had to spoil it !
We were all getting so excited |
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