Oger to increase stake in Türk Telekom

The Hariri owned will buy a ten percent stake in the Turkish mobile operator

Oger plans to buy the stake from the Turkish government which plans to sell part of its 30 percent stake in the mobile operator via an initial public offering (IPO) on the the Istanbul Stock Exchange (ISE).

Oger Telecom paid $7 billion for its stake in Turk Telecom in 2006.