TURKCELL ILETISIM HIZMETLERI A S SEC Filings

TURKCELL ILETISIM HIZMETLERI A S disclosed that its Chief Financial Officer, Kalyon Kamil, has filed an initial insider ownership report on Form 3. This filing establishes his reporting status as an officer but does not list any specific share holdings or recent transactions.

TURKCELL ILETISIM HIZMETLERI A S director Mehmet Naci Inci has filed an initial ownership report on Form 3. The filing identifies him as a director of the company and does not list any buy, sell, or other share transactions, serving purely as a baseline disclosure of his reporting status.

TURKCELL ILETISIM HIZMETLERI A S director files initial ownership report. Cetin Serdar, identified as a director of the company, has filed a Form 3, which is an initial statement of beneficial ownership of securities. The structured data shows no reported purchases, sales, exercises, gifts, tax withholdings, or other transactions, indicating this filing is administrative and establishes Serdar's status as a reporting insider without disclosing any new trading activity.

TURKCELL ILETISIM HIZMETLERI A S filed a Form 3, which is an initial statement of beneficial ownership for insiders. The filing lists Bilek Zeynel Korhan as a reporting person, noted as not a director, officer, or ten percent owner, and shows no reported transactions.

Turkcell İletişim Hizmetleri A.Ş. has proposed a cash dividend distribution to its shareholders, subject to approval at the Ordinary General Assembly. The Board plans a total gross cash dividend of TRY 8,800,000,000 for 2025.

This corresponds to a proposed gross dividend of TRY 4.0000000 per ordinary share with a nominal value of TRY 1, and a net dividend of TRY 3.4000000 per share after withholding tax. Payment is targeted for December 9, 2026. Of the total, TRY 8,011,000,000 would come from retained earnings in statutory records and TRY 789,000,000 from distributable legal reserves, with withholding tax applied at the time of distribution.

Turkcell İletişim Hizmetleri A.Ş. has called its Annual General Assembly Meeting for the 2025 fiscal year to convene on May 7, 2026 at 10:30 at its headquarters conference hall in Maltepe, Istanbul.

Shareholders may attend physically or electronically via the Electronic General Meeting System using secure e-signatures, either in person or by proxy. Proxy forms must follow the Capital Markets Board’s rules. Key documents, including the 2025 consolidated financial statements, Board annual report, independent auditor’s report, sustainability report, dividend distribution proposal, articles of association amendment text and a general assembly information document will be available at the company headquarters, on its website and on the electronic system at least three weeks before the meeting.

Turkcell İletişim Hizmetleri A.Ş. submitted a Form 6-K as a foreign private issuer, mainly to furnish its Turkcell 2025 Integrated Annual Report to the U.S. Securities and Exchange Commission. The attached report is a translation of the Turkish annual report.

The annual report was prepared under the Capital Markets Board of Türkiye rules, using Turkish Accounting Standards and Turkish Financial Reporting Standards, and audited under Turkish auditing standards. The filing is administrative in nature and does not itself present detailed financial results.

Turkcell İletişim Hizmetleri A.Ş. completed a new local-currency bond financing, issuing TRY 500,000,000 in debt to qualified investors in Türkiye. The bond carries an annual simple interest rate of 40.25% and matures on June 24, 2026, with a single coupon payment on that date.

The issuance was carried out under Turkcell’s TRY 10,000,000,000 domestic debt limit approved by the Capital Markets Board and was sold via private placement, with transfer to investor accounts on March 12, 2026. The instrument is rated AAA (tr) on a long-term national scale by JCR Avrasya and is designated as investment grade.

Turkcell reported full-year 2025 results prepared under IFRS and hyperinflation accounting (IAS 29), showing solid operational growth in a challenging Turkish macro environment.

Group revenue rose 10.7% year-on-year to TRY 241.5 billion, driven mainly by Turkcell Türkiye, which contributed 91% of revenue. EBITDA increased 13.8% to TRY 104.0 billion, lifting the EBITDA margin to 43.1% from 41.9%, as disciplined cost management lowered cost of revenue to 45.2% of sales.

Profit from continuing operations grew 22.6% to TRY 17.8 billion, but net income declined 42.8% to TRY 17.6 billion due to the absence of a one-off gain from the 2024 sale of Ukrainian assets. The company maintained very low leverage, with net debt of TRY 14.9 billion and net debt/EBITDA of 0.14x.

Turkcell expanded its mobile base to 39.1 million and achieved 2.4 million postpaid net additions, raising the postpaid share to 81%. ARPU increased, with blended mobile ARPU excluding M2M up 10.6% and residential fiber ARPU up 15.4%, supported by price adjustments, higher-speed packages and more contracted customers.

Techfin activities added diversification: Paycell revenue grew 41.0% to TRY 7.25 billion, while Financell modestly increased revenue and returned to profit. The group invested heavily, with total capex of TRY 90.0 billion, focusing on 5G spectrum, fiber, data centers and solar power, and completed a USD 1 billion dual-tranche Eurobond to support these priorities. For 2026, management targets revenue growth of 5%–7%, a 40%–42% EBITDA margin and capex at 25% of revenue.