QUOTE AND NEWS
Cellular News  May 26  Comment 
The Turkish stock market regulator has said that it will step in and impose a settlement on the shareholders in the country's largest mobile network if they cannot sort out their differences within a month. Click here for more.
Cellular News  May 2  Comment 
Turkey based Turkcell has dropped a lawsuit it was filing in the USA claiming that South Africa's MTN used bribery to deprive it of its Iranian mobile network license. Click here for more.
Reuters  Apr 18  Comment 
The chief executive of South African telecom MTN Group on Thursday hailed a U.S. Supreme Court ruling as a major boost to its defense against a $4.2 billion lawsuit from rival Turkcell.
Cellular News  Apr 16  Comment 
Turkish mobile network operator, Turkcell has launched mobile payment in transportation for the first time in Turkey through the integration of Turkcell Wallet and Urfakart. Click here for more.
Cellular News  Mar 12  Comment 
Three of Turkcell's directors have been sacked by the local stock market and replacements named after the company failed to nominate its own independent directors as required by stock market regulations. Click here for more.
Benzinga  Mar 12  Comment 
Turkcell Iletisim Hizmetleri AS (NYSE: TKC) shares moved up 3.16% to $16.63 at 10:39 am. The volume of Turkcell Iletisim Hizmetleri shares traded was 854% higher than normal. Turkcell's trailing-twelve-month ROE is 17.80%. Parametric Sound...
Reuters  Mar 4  Comment 
A British court heard final arguments from Turkey's Cukurova Holding and Russian partner Altimo on Monday over a disputed controlling stake in Turkey's largest mobile phone operator Turkcell, with a verdict expected in the coming weeks.
Reuters  Feb 27  Comment 
A British court ruling next week which could help the Turkish co-founder of Turkcell recover a controlling stake may do little to end a boardroom dispute that has hobbled the firm for years.




RELATED WIKI ARTICLES

Related Articles

 
TOP CONTRIBUTORS


Turkcell Iletisim Hizmetleri A.S. (Turkcell) is a provider of mobile services in Turkey. The Company provides mobile voice and data services over its global system for mobile communications (GSM) network. Turkcell started its operations in 1994. It signed a 25-year GSM license contract on April 27, 1998 with the Ministry of Transportation of Turkey. Since then, it has continuously increased the variety of its services based on mobile audio and data communication, its quality levels and as a result, number of subscribers. As of September 30, 2007, with its 34,8 million subscribers, Turkcell is not only the leading operator in Turkey, but is also the second biggest GSM operator in Europe in terms of subscriber numbers. [1]

Turkcell’s shares are traded on Istanbul Stock Exchange (IMKB) and ADR traded on NYSE under the symbol TKC.

Business Overview

Turkcell is Turkey's leading mobile telecommunication company -- It is the only GSM operator in Turkey covering 97% of the population and with a network having 68% EDGE compatibility. Turkcell added 3.9 million new subscribers and increased their numbers to 31.8 million in 2006. According to Telecommunications Authority (TA), the mobile penetration rate increased from 59% in 2005 to 71% in 2006. Turkcell managed to capture a market share of 60%. Large subscriber base and high profitability margins have resulted in strong operational and financial performance. [2]

Turkey is an attractive market to operate mobile services:

  • Turkey is a large market with a population of 74 million.
  • It has a mobile line penetration of 71% compared to 100% or greater in other European markets.
  • It also has a low monthly usage minutes compared to other European markets.
  • The expected average GDP growth rate for the coming years is 2% for EU-15 members and 5% for Turkey -- highest among them.
  • Turkey has Europe's youngest and fastest growing population.
  • Stable financial system and government.
  • Record levels of foreign direct investment during the EU accession process.

Financial Hightlights

Competitions





Footnotes

  1. Company website
  2. TKC 2006 Annual Report
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki