IsTIM-Aycell merger completed

The integration process, started last May with the signature of an agreement defining the guidelines for the merger of IsTIM (Aria) and Aycell, has been completed after all the approvals of the relevant Authorities have been obtained. TIM and Turk Telekom own 40% stake in the new company (TT&TIM) each and IsBank Group holds 20%.

Currently, the two companies have a joint customer base of about 4.5 million customers representing 15% of the total market.