Telecommunications

Turkey has a great advantage for the telecommunications sector thanks to its strategic location between Asia and Europe. Being at the crossroads of two continents, the country is a transit point for both east-west and north-south data traffic. This location provides a significant advantage for international data center and internet traffic.

Turkey’s telecommunications sector is worth approximately USD 20 billion as of 2023 and is growing at 5-7% per year. The number of mobile subscribers has exceeded 83 million and the number of broadband internet users is close to 80 million. With the widespread adoption of 5G technology, the sector is expected to grow further.

Turkey’s fiber optic network infrastructure is expanding rapidly and the transition to 5G technology is underway. Major telecommunications companies such as Türk Telekom, Vodafone and Turkcell are increasing their infrastructure investments and expanding service quality and coverage. In addition, satellite communications and broadband internet services continue to develop.

The Turkish government provides various incentives and regulations to support the telecommunications sector. R&D incentives, tax breaks and infrastructure investments offer significant advantages for companies operating in the sector.

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TURKINVEST is a leading investment consultation firm consisting of legal counsels, accountants, architects and other professionals with specific expertise provide professional services.TURKINVEST is a leading investment consultation firm consisting of legal counsels, accountants, architects and other professionals with specific expertise. Investing in Turkey offers opportunities across various sectors due to its strategic location, growing economy, and large, youthful population. However, it also comes with risks such as currency volatility, geopolitical tensions, and policy uncertainties :
investment in Turkey, how to set up a company in Turkey, legal consulting in Turkey

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