Turkey’s Netas to Buy Probil for $31 Million, Hurriyet Says

Netas Telekomunikasyon AS, a Turkish telecommunications company, signed an agreement to buy wholesale distributor Probil Bilgi Destek & Danismanlik Sanayi & Ticaret AS for $31 million, Hurriyet reported.

The purchase will help Netas meet its goal of becoming a leader in systems integration in Turkey and the region, the newspaper said, citing general manager Mujdat Altay.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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