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Vodafone Turkey investing 1.3bn lira in 2009

By: , IntoMobile
Sunday, March 8th, 2009 at 12:56 PM

vodafone-logoVodafone Turkey is planning to invest 1.3bn lira (that’s about $750m) in 2009, according to Reuters. This is to try and counteract the last quarter poor performance, which saw a drop in revenue of ~15%. It is thought the fact that the Turkish market is so fiercely competitive has been part of the problem, with competitors Turkcell and Avea gaining ground in the same period.

So what is that wadge of cash going to go on? Well apparently customer satisfaction (always good), driving sales, and employing more staff – a none too bad thing given the unemployment we hear about daily (on a global scale) currently…

[Via: Reuters]

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About The Author

Ben Robinson

Ben is a 10+ year veteran of the Mobile industry – starting his career when SMS was a still a relatively new concept for most people (!), he has now consulted on everything from bleeding-edge Mobile content, to the next-gen accessories you might view it on. As a result he has a broad and deep knowledge in numerous areas of Mobile – from network operators to device vendors, to infrastructure and middleware vendors (not to mention content delivery) – and has worked for companies in all of these areas! He is based in the UK, a hotbed of activity for mobile, and recently became a father for the second time – as oppose to in his younger years when he was happy spend time tweaking all manner of mobile devices to 'nth' degree, he now looks for services and hardware that provide the most efficient, compact, and reliable improvements to his already manic life! It’s his opinion that Mobile solutions should be there to help to make your life better – if a particular solution (be it service or device) isn’t doing this, he believes you need to ask the very important question of why you continue to use it... His focus at IntoMobile is mainly on Mobile content, services, and infrastructure, particularly as regards the UK market – and with the occasional look at devices. Additionally, using his extensive experience in the industry, he will provide commentary on the industry at large, with regular (and hopefully thought-provoking) articles.