Real, this popular operatorWhy did it quietly disappear from the market years ago?

What is lost is actually only the name, because continues to serve. And why his name changed…

Avea was once a very popular mobile operator in Turkey.

in 2004 It was established as one of the first GSM operators in Turkey. The others were Turkcell, Telsim, Aria and Aycell. Avea was already a brand of Türk Telekom that offered mobile communication services and was part of the Türk Telekom Group.

Let’s look at it from the beginning. Turkish Telecom Corporation A.Ş. It was established on June 30, 1994. In 1995, with the separation of the Turkish telecommunications and postal services, the telecommunications services of PTT were transferred to Türk Telekom. This process led to radical changes in the Turkish telecommunications sector.

The privatization of Türk Telekom and the developments that followed caused much discussion.

in 2004 As a result of the merger of Türk Telekom’s GSM operator Aycell and İş-TİM’s Aria The Avea brand was established. This merger was carried out to expand Türk Telekom’s range of services and increase its competitiveness in mobile communications.

The privatization process started in 2005, It started with the transfer of 55% of the shares of Türk Telekom to Ojer Telekomünikasyon A.Ş. Privatization meant that most of the company’s shares were transferred to a private company, and this was widely discussed in public.

The privatization of Türk Telekom was mainly related to the fact that the company acquired by the Ojer Group was struggling with large debts and the difficulties in paying these debts.

Ojer Telecommunications, He led the company between 2005 and 2018 under a large debt load and eventually went bankrupt, causing the value of Türk Telekom’s shares to plummet. In the process, Türk Telekom’s shares fell from $12 billion to $3.3 billion.

In this situation, the state and It caused Turkish banks to suffer huge financial losses. The inadequacy of Türk Telekom’s infrastructure investments after privatization also negatively affected the quality of telephone and internet services in Turkey.

Failure to implement the infrastructure investments specified in the privatization specifications created a major shortage of public services.

Turkish Telecom It must be said that privatization has caused serious damage to the state budget. Between 2005 and 2018, most of Türk Telekom’s profits were transferred abroad and the state suffered a large tax loss.

The inadequacy of inspections carried out after privatization led to the dismantling of the company and a huge financial loss. This situation protecting public strategic investments He showed again how important he is.

In 2015, Türk Telekom decided to bring together mobile, fixed-line and internet services under one brand.

In line with this decision Avea transformed into Türk Telekom and now started offering services under the name Türk Telekom. So Avea has not actually disappeared; it continues to provide its services by being incorporated into Türk Telekom.

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