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Thursday, September 17, 2026
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lifecell

French company buys Lifecell for $500 million

French company buys Lifecell for $500 million

French billionaire Xavier Niel says his investment company NJJ Capital has agreed to pay $500 million for Turkcell’s Iletisim Hizmetleri AS unit in Ukraine. This was reported by Bloomberg Niel said the deal price was cheap compared to the profits of Ukrainian telecom operator Lifecell. The deal will give NJJ Capital control over Lifecell LLC, […]

Turkey’s Turkcell has sold Ukraine’s lifecell to a French billionaire

Turkey’s Turkcell has sold Ukraine’s lifecell to a French billionaire

Turkish telecommunications holding Turkcell is selling Ukrainian telecom operator lifecell, as well as Global Bilgi LLC (a network of call centers) and Ukrtower LLC (a network of telecommunications towers in Ukraine), DEV.ua with reference to Turkcell. “According to the decision of the Board of Directors of our company dated December 20, 2023 (the share transfer […]