Telecom and IT Expenditure in Turkey to Rise Exponentially

Published Date : Mar 24, 2015

According to the forecasts made by industry experts and analysts, a significant rise in the information technology and telecommunications is expected in Turkey.  As per reports, the region is projected to witness investments in IT for telecommunication gallop to US$1.29 billion in 2015 compared to $1 billion that was noted in 2014. Three of the leading mobile operators in the region, namely, Vodafone Turkey, Turkcell, and Avea are planning to upgrade their operations to suit the latest 4G technology, in the wake of which these companies are planning to remarkably increase their spending. The information about the leading telecom providers in Turkey prepping to support 4G network was revealed by International Data Corporation on Monday. 

With this, the overall spending on the IT sector in Turkey will reach $11.7 billion by the end of 2015, according to the report, with telecommunications, consumers, and finance sectors emerging as the three of the biggest spenders. 

As reported by Jenin George, the author of the report published by International Data Corporation, Turkey at present has infrastructure to support 3G networks, and the economy will commence investment to support 4G network in 2015 itself.

George also said a major portion of this investment by leading telecom operators in the economy will focus on 4G networks in the near future. Moreover these companies are also prepping to provide value added IT services to customers in lines with telecom industries of Africa and the Middle East region. 

George added, the companies are going to focus more on building machine-to-machine infrastructure to provide smart telecom solutions and cloud computing services. Apart from this, the companies will also offer the conventional offerings such as disaster recovery, and datacenter managements.