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.
Turkcell (NYSE:TKC) reported strong financial results for Q4 2021 and FY 2021, showcasing 29.5% revenue growth year-on-year, reaching TRY 10.2 billion. EBITDA increased by 29.9% to TRY 4.2 billion, with an EBITDA margin of 41.3%. The company experienced a net income rise of 6.3% in Q4, totaling TRY 1.4 billion, bolstered by operational efficiency and prudent financial management. Additionally, Turkcell added 2.7 million subscribers in 2021, marking the highest growth since 2007. For 2022, Turkcell targets a 30% revenue growth.
Turkcell (NYSE:TKC) reports strong Q3 2021 results with a 22.3% increase in revenue to TRY 9,354 million. EBITDA rose by 18.7% to TRY 4,030 million, while net income reached an all-time high of TRY 1,429 million, an 18.0% year-on-year growth. Key drivers include a growing subscriber base, increased data and digital services, and positive contributions from international operations. The company has revised its 2021 guidance, now targeting ~20% revenue growth and an EBITDA of ~TRY 14.5 billion.
Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) reported robust financials for Q2 2021, with revenues rising 23.5% year-on-year to TRY 8,548 million and net income increasing 30.6% to TRY 1,113 million. The Group's EBITDA grew 22.7% to TRY 3,466 million, reflecting a stable EBITDA margin of 40.5%. Subscriber growth was strong, adding 617,000 net subscribers in Q2, the highest since Q217. The company revised its 2021 guidance, targeting ~18% revenue growth and an EBITDA of ~TRY 14.3 billion.
Turkcell (NYSE:TKC) has signed a share transfer agreement to acquire Boyut Grup Enerji, owner of the İzmir Karadağ Wind Power Plant, as part of its strategy to meet electricity demand from renewables by 2030 and achieve carbon neutrality by 2050. The acquisition has an enterprise value of US$29.6 million, with a payment of US$11.5 million after net debt adjustments. The wind power plant has an 18 MW capacity, annual generation of 67.5 GWh, and can supply electricity for around 22,500 homes. This aligns with Turkcell's commitment to sustainability and renewable energy investments.
BiP, a leading communication platform developed by Turkcell, has launched a new feature allowing users to import group chats seamlessly from other applications. This feature caters to 80 million users across 192 countries, enabling the automatic transfer of existing group and individual chats without manual entry. With capabilities like HD video calls for up to 10 users and group chats of up to 1,000, BiP emphasizes user privacy through robust data protection measures, including encryption and a commitment to not share data with third parties.
Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) reported strong Q1 2021 results, with revenues at TRY7.8 billion, up 17.5% year-on-year. Key drivers included a robust subscriber base and increased demand for digital services. EBITDA rose 17.7% to TRY3.3 billion, maintaining a margin of 42.2%. Net income jumped 26.6% to TRY1.1 billion. Notably, the subscriber base grew by 705,000, the highest in three years. Turkcell also approved a TRY2.6 billion dividend distribution during its General Assembly.
Turkcell (NYSE: TKC) has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2020, with the U.S. Securities and Exchange Commission on April 26, 2021. The report includes audited financial statements, which are available for viewing online. Interested parties can request hard copies of the complete audited financial statements from the Turkcell Investor Relations Department. The company aims to maintain transparency with its stakeholders by providing readily accessible financial data.
Turkcell Iletisim Hizmetleri reported strong financial results for Q4 2020, with revenues of TRY 7,872 million, up 18% from the previous year. The full-year revenue reached TRY 29,104 million, reflecting a growth of 15.8%. EBITDA increased by 18%, resulting in a margin of 42.2%. Net income rose by 72.3% to TRY 1,302 million, boosted by deferred tax income. The company's operational metrics include a subscriber growth of 1.1 million in Turkcell Turkey, driven by a 15% increase in mobile ARPU. For 2021, Turkcell targets a revenue growth of 14-16%.
BiP, Turkey's local communication platform developed by Turkcell, has reached 64 million downloads, with 12 million outside Turkey. It has surged in popularity, ranking as the most downloaded communication app in several Gulf countries, including Bahrain and Saudi Arabia. The platform offers features like HD voice/video calls for up to 10 users, disappearing messages, and simultaneous translation in 106 languages. Turkcell remains committed to enhancing BiP’s global presence with new features.
BiP, a communication platform from Turkcell, recently saw an influx of 4.6 million new users in just three days. This operator-free application, available in 192 countries, emphasizes secure messaging, voice, and video calls, with data stored in Turkey. BiP's features include a Coronavirus Information Hotline, a unique Emergency Button, and translation capabilities for 106 languages. Executive VP Ataç Tansuğ assures users that no data is collected without consent. With 1 million customers in the Caribbean, BiP continues to grow globally while focusing on user security and privacy.
