Already a Bloomberg.com user?
Sign in with the same account.
Alcatel Lucent Teletas Telekomunikasyon AS (ALCTL), the Turkish unit of Alcatel-Lucent, rose in Istanbul after saying it was invited to sign a contract with Turk Telekomunikasyon AS (TTKOM), the country’s biggest phone company.
Alcatel Lucent Teletas rose 1.9 percent to 3.24 liras at 2:56 p.m., the highest since Feb. 22. Alcatel Lucent Teletas got the invitation for a 30 million euros project and expects to sign the contract within five days, the company said in a statement to the Istanbul Stock Exchange today. The project will be completed within a year, it said.
To contact the reporter on this story: Aydan Eksin in Istanbul at firstname.lastname@example.org
To contact the editor responsible for this story: Benjamin Harvey at email@example.com