Ankara — Turk Telekom has secured a landmark agreement with Turkish authorities to extend its fixed-line infrastructure concession until 2050, pledging significant payments and long-term investments to strengthen the country’s digital backbone.
Under the deal, the company will pay $3 billion (including tax) over 10 years for the concession rights. Of this, $2.5 billion (excluding VAT) will be directed to the Information and Communication Technologies Authority (BTK).
The payment schedule includes:
- $500 million annually during the first two years.
- $200 million annually from 2028 through 2034.
- A final installment of $100 million in 2035.
Beyond concession fees, Turk Telekom has committed to a $17 billion investment plan through 2050, aimed at expanding, modernizing, and maintaining Turkey’s fixed electronic communications infrastructure. This includes not only the provision and operation of fixed networks but also the delivery of wholesale and retail telecom services nationwide.
Turkey’s Minister of Transport and Infrastructure Abdulkadir Uraloglu said the agreement would ensure continuous development of digital infrastructure and contribute $20 billion to the economy.
The existing concession was originally set to expire on February 28, 2026, making the extension a crucial step for long-term stability in Turkey’s telecom sector. The deal positions Turk Telekom to continue driving the country’s digital transformation, broadband expansion, and fixed-network innovation well into mid-century.
