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"ISTANBUL, Turkey -- Telecom Italia Mobile SpA promised to invest $1 billion (1.1 billion euros) by the end of next year in a mobile-phone network it is launching with a major Turkish bank.

IS-TIM Telekomunikasyon Hizmetleri AS, a joint venture between Telecom Italia and Is-Bank AS, began service Wednesday, becoming the third mobile operator in the fast-growing Turkish market."

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