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Turkey’s 5G Auction Set to Drive Billion-Dollar Carrier Spending

Bloomberg•Wednesday, October 15, 2025 at 10:40:08 AM
PositiveFinancial Markets
Turkey’s 5G Auction Set to Drive Billion-Dollar Carrier Spending
Turkey is gearing up for its first 5G spectrum auction, which is set to take place on Thursday and is valued at a minimum of $2.13 billion. This significant investment is expected to spark a new wave of spending among the country's mobile operators, paving the way for enhanced connectivity and technological advancements. The auction not only marks a crucial step in Turkey's digital transformation but also positions the nation to compete more effectively in the global telecommunications landscape.
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