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Turkcell Iletisi - TKC STOCK NEWS

Welcome to our dedicated page for Turkcell Iletisi news (Ticker: TKC), a resource for investors and traders seeking the latest updates and insights on Turkcell Iletisi stock.

Turkcell Iletisim Hizmetleri A.S. (TKC) is Turkey's leading mobile telecommunications provider, delivering integrated voice, data, and digital services through its domestic and international operations. This news hub provides investors and stakeholders with timely updates on strategic developments, financial performance, and technological innovations shaping the company's trajectory in the competitive telecom sector.

Access comprehensive coverage of TKC's earnings reports, network expansion initiatives, and Techfin advancements. Our curated news collection offers insights into market leadership decisions, partnership announcements, and regulatory developments affecting Turkcell's operations across Turkey, Northern Cyprus, and Eastern Europe.

Key updates include quarterly financial disclosures, infrastructure investments, digital service launches like the Yaani browser ecosystem, and cross-border business developments. Bookmark this page for verified information directly from corporate communications and trusted financial analysis sources.

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Turkcell (NYSE: TKC, BIST: TCELL) announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2023, with the US Securities and Exchange Commission on May 13, 2024.

The report includes complete audited financial statements, available on Turkcell's investor relations page and in hard copy upon request.

The filing serves as a comprehensive disclosure of Turkcell's financial health and business operations over the past year.

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Turkcell (TKC) achieves double-digit real growth, exceeding guidance for the year. The financial data is consolidated and includes Turkcell Iletisim Hizmetleri A.S. and its subsidiaries. The press release provides a breakdown of reporting segments and key indicators for the year.
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Turkcell, the leading mobile network operator in Turkiye with approximately 40 million subscribers, partners with Lynk Global, Inc., to provide Sat2Phone services using 'cell-towers-in-space.' This collaboration aims to enhance network resiliency and mobile coverage in Turkiye, benefiting the local population, businesses, and visitors.
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Turkcell, a leading telecommunication provider in Turkey, advances its digital transformation by deploying cloud-native infrastructure clusters with Odine and Red Hat OpenShift. With a focus on virtualization, Turkcell is at the forefront of 5G readiness, enhancing speed, latency, and connectivity for customers. The company manages over 14 Tbps of traffic efficiently and is committed to modernizing its network with seamless upgrades.
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Mavenir and Turkcell announce deployment of CI/CD automation to enhance Turkcell's VoLTE services, benefiting 20 million subscribers. The automation framework reduces time and costs for software implementation and feature rollouts, increasing competitive advantage and network efficiency.
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Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) announced remarkable achievements leading to a guidance upgrade. The financial data is consolidated and comprises that of Turkcell Iletisim Hizmetleri A.S. and its subsidiaries and associates. The company has four reporting segments: Turkcell Türkiye, Turkcell International, Techfin, and Other.
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Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) (BIST:TCELL) has exceeded its 2023 targets and upgraded its guidance. The company has four reporting segments: Turkcell Turkey, Turkcell International, Techfin, and Other. The financial data presented in the press release is consolidated, while the non-financial data is unconsolidated and comprises Turkcell Turkey only figures. A year-on-year comparison of key indicators is provided, and the figures for June 30, 2023, are compared to the same period in 2022. The financial statements are prepared in accordance with Turkish Accounting Standards/Turkish Financial Reporting Standards (TAS/TFRS).
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Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) has evaluated the impact of the February 2023 earthquakes on its operations, which affected 14 million people in Türkiye. The company swiftly restored 99% of its network services and is providing free communication packages to affected subscribers. For 2023, Turkcell targets revenue growth of 55-57% and an EBITDA of around TRY34 billion, while estimating a negative revenue impact of TRY1.5 billion due to relief efforts and decreased customer demand. The company anticipates additional operational expenses of about TRY400 million and a replacement CAPEX of circa TRY900 million for network investments in severely damaged areas.

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Turkcell Iletisi

NYSE:TKC

TKC Rankings

TKC Stock Data

5.25B
878.80M
3.61%
0.08%
Telecom Services
Communication Services
Link
Turkey
Istanbul