Turkcell Iletisim Hizmetleri AS (ADR) (N:TKC)
Business Focus: N/A
| Sector: Technology | Industry: N/A |
| Company Contact | |
| Address: | Maltepe ISTANBUL 34430 |
| Tel: | N/A |
| Website: | https://www.turkcell.com.tr |
| IR: | See website |
| Key People | ||
| Ali Taha Koc Chief Executive Officer | Kamil Kalyon Chief Financial Officer | Erkan Durdu Chief People and Business Support Officer |
| Mustafa Demirhan Chief Information and Communication Technologies Officer | Murat Akguec Chief Marketing and Digital Service Officer | Vehbi Cagri Guengoer Chief Network and Technologies Officer |
| Kadri Oezdal Chief Sales Officer | Ali Uysal Chief Legal and Regulation Officer | |
| Business Overview |
| Turkcell Iletisim Hizmetleri AS is engaged in establishing and operating a Global System for Mobile Communications (GSM) network in Turkey and regional states. The Company's segments include Turkcell Turkey, which includes the operations of Turkcell Superonline, Turkcell Satis ve Dagitim Hizmetleri A.S., group call center operations of Global Bilgi Pazarlama Danisma ve Cagri Servisi Hizmetleri A.S., Turktell Bilisim Servisleri A.S., Kule Hizmet ve Isletmecilik A.S., Turkcell Odeme Hizmetleri A.S. and Turkcell Gayrimenkul Hizmetleri A.S; Turkcell International, which includes the operations of Kibris Mobile Telekomunikasyon Limited Sirketi, Eastasian Consortium BV, lifecell LLC, UkrTower LLC, LLC Global Bilgi, Turkcell Europe GmbH, Lifetech LLC, Beltower LLC and Fintur Holdings BV, and Other, which comprises the information and entertainment services in Turkey and Azerbaijan, and non-group call center operations of Turkcell Global Bilgi and Turkcell Finansman AS. |
| Financial Overview |
| For the three months ended 31 March 2024, Turkcell Iletisim Hizmetleri AS (ADR) revenues increased 12% to TRY30.82B. Net income before extraordinary items totaled TRY2.09B vs. loss of TRY796.2M. Revenues reflect Turkcell segment increase of 13% to TRY26.26B, Techfin segment increase of 39% to TRY1.35B. Net Income reflects FV/Uls Adjust on Derivatives increase from TRY0K to TRY3.53B (income). |
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