Turkey is considering privatizing its telecommunications system. Any developing country must analyze whether its economic, social, and institutional environment is appropriate for the privatization of a utility. The purposes of this study are (1) to establish a model to assist policy makers, (2) to analyze whether Turkey meets the prerequisites for telecommunications privatization, and (3) to provide Turkish leaders pragmatic policy alternatives pertaining to privatization of the Turkish Telecommunications system.High inflation rate, weakness of the private sector and the lack of regulatory regime are the major impediments facing Turkey's privatization efforts. Turkey might consider several options including (1) not privatizing at all, (2) retaining public ownership of the network operations while privatizing only the physical equipment market, or (3) following the British privatization model.