The reasons for the choice were Turkey’s thriving gaming industry and skilled talent Sisal, leading Italian operator in gaming industry, launched Digital Hub in Turkey. In doing so, Sisal has expanded its footprint by establishing technological hubs in Albania, Tunisia, and Türkiye, with a team […]
BUSINESS
Turkey imposes a daily fine of USD160.000 on Facebook
Having violated Law on Protection of Competition, Meta fined by Turkish competition watchdog Turkish Competition Authority (RK) announced it imposed a fine of TL 4.8 million ($160,165) per day on Facebook (Meta Platforms) effective from Dec. 12, 2023. The reason for the fine Meta Platforms […]
Boom in Turkish EV sales in 2023
Turkish EV sales went up 844% in 2023, accounting for 6.8% of total automobile sales Sales of electric vehicles (EV) in Turkey reached 65,562 units in 2023, according to the data of Automotive Distributors and Mobility Association (ODMD). This is an 844.4% year-over-year (YoY) increase, and […]
AWS launches AWS Outposts in Turkey
AWS’s new service helps business to process data locally and brings low latency Amazon Web Services (AWS), Amazon’s cloud business, announced that it introduced AWS Outposts in Turkey. The company organized a launch event in Istanbul on Jan 9, which I also attended. Here is […]
France’s NJJ Capital acquires Turkcell’s Ukrainian subsidiary, lifecell
Xavier Niel’s NJJ Capital acquries lifecell at an undisclosed amount Turkcell, Türkiye’s #1 operator by subscribers, announced to sell its Ukrainian subsidiary, lifecell, to France’s NJJ Capital. Turkcell published the announcement on Dec 29, 2023 at Public Disclosure Platform (KAP), where public trading companies have […]
Odine, Turkish voice and data network services provider, now among top 20 telecom suppliers
The 20-year-old company to go IPO soon to accelerate the global expansion Odine becomes the only Turkish company in the top 20 Telco Vendors Power List published by London-based Capacity Media, one of the most influential publishers in the telecom industry. Here’s what Odine does: […]
Kalyon PV aims USD100 million investment in 2024
Kalyon PV aims to realize technology transformation and make an investment of USD100 million in 2024 Last week I was invited to Kalyon PV, a solar power factory located in Ankara Başkent Organized Industrial Zone. In the factory I witnessed the whole processes of solar […]
20 years of Turkish telco industry: report
TELKODER’s report reveals the 20 years of Turkish telco industry Yesterday I was invited to the event Serbest Telekom İşletmecileri Derneği. (Independent Telecommunications Operators Association – TELKODER). Having took place Harvard Cafe, the event aimed to unfold the 20 years of the Turkish telco industry. For […]
Amazon Turkiye Fulfillment Center opened
With an investment of $100 million, Amazon Turkiye Fulfillment Center officially started operations I was invited to the official opening ceremony of the Amazon Turkiye Fulfillment Center on Oct 4. It is located in Tuzla (Istanbul) and very close to Sabiha Gökçen Airport on the Asian side […]
Introducing VCs in Turkey: Startup Wise Guys
Turkey is one of the core markets for Startup Wise Guys, with 26 investments so far As an 11 years old global accelerator fund, Startup Wise Guys established in Estonia and it invested in 390 startups from all around the world. As for Turkey, they […]