Al-Jazeera buys TV station in Turkey

ISTANBUL -- The Qatar-based news network Al-Jazeera bought a Turkish TV station and will soon start broadcasting.

Turkish government agency approved the sale of the TV channel it administers to Al-Jazeera.

Cine5 television station has been administered by a government-run fund since its owner's business ran into trouble.

Al-Jazeera paid USD 40,5 million to acquire Cine5 TV channel in an auction and it is planned it will launch a news channel in Turkey.

The Qatar TV network is the largest in the Islamic world and continues expanding. Recently it decided to start broadcasting from Sarajevo, Bosnia-Herzegovina.