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Slim group (NYSE: TKC) discloses 6.4% Turkcell holding through ADS structures

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Turkcell Iletisim Hizmetleri A.S. shareholders led by the Slim family updated their Schedule 13G/A to report current beneficial ownership of Turkcell ordinary shares held via American Depositary Receipts. The filing covers the Slim Family individuals, Grupo Financiero Inbursa (GFI), Control Empresarial de Capitales, Fundacion Telmex and Fundacion Carlos Slim as a group of reporting persons.

The disclosure states that, based on approximately 2,200,000,000 ordinary shares outstanding as of December 31, 2025, these entities collectively own 10,890,000; 45,347,703; 25,485,170; and 59,672,783 ordinary shares underlying ADSs, respectively, representing in aggregate 6.4% of Turkcell’s outstanding ordinary shares. Many ordinary shares are held in the form of ADSs, with each ADS representing 2.5 ordinary shares. The Slim Family may be deemed to share voting and dispositive power over these holdings through their control of GFI, Control Empresarial and the two foundations, although they expressly disclaim certain beneficial ownership.

Positive

  • None.

Negative

  • None.
Shares Outstanding 2,200,000,000 ordinary shares Issued and outstanding as of December 31, 2025
Aggregate Stake 6.4% of outstanding ordinary shares Collective holdings of GFI, Control Empresarial, Fundacion Telmex and Fundacion Carlos Slim
GFI Holding 10,890,000 ordinary shares Ordinary shares underlying ADSs indirectly owned by GFI as of June 30, 2026
Control Empresarial Holding 45,347,703 ordinary shares Ordinary shares underlying ADSs beneficially owned directly or indirectly
Fundacion Telmex Holding 25,485,170 ordinary shares Ordinary shares underlying ADSs owned directly or indirectly
Fundacion Carlos Slim Holding 59,672,783 ordinary shares Ordinary shares underlying ADSs owned directly or indirectly
Slim Family Individual Stake 56,237,703 ordinary shares; 2.6% Per Slim family member cover page, with shared voting and dispositive power
ADS Ratio 1 ADS = 2.5 ordinary shares Structure for Turkcell ADSs referenced in the ownership disclosure
American Depositary Receipts financial
"The Ordinary Shares reported herein are held in the form of American Depositary Receipts ("ADSs")."
A certificate traded on U.S. markets that represents ownership of shares in a foreign company, letting U.S. investors buy and sell that company as if it were listed domestically. Think of it as a local voucher for a foreign product: it makes price quotes in dollars, trades on familiar exchanges, and brings differences in liquidity, fees and legal protections that can affect returns and risk compared with buying the underlying foreign shares directly.
beneficially own financial
"Calculations of the percentage of the Ordinary Shares underlying ADSs beneficially owned are based on a total of approximately"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 56,237,703.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
voting power financial
"Sole Voting Power 0.00 6 | Shared Voting Power 56,237,703.00"
Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.
sociedad anonima bursatil de capital variable regulatory
"GFI is a sociedad anonima bursatil de capital variable organized under the laws of United Mexican States"
not-for-profit partnership regulatory
"Fundacion Telmex, A.C. ("Fundacion Telmex") is a not-for-profit partnership organized under the laws of Mexico."

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FAQ

What ownership stake in Turkcell (TKC) does the Slim group report in this Schedule 13G/A amendment?

The reporting group led by the Slim family reports beneficial ownership of 6.4% of Turkcell’s outstanding ordinary shares, based on approximately 2,200,000,000 shares issued and outstanding as of December 31, 2025.

What percentage of Turkcell (TKC) does each Slim family member individually report?

Each listed Slim family member reports beneficial ownership of 56,237,703 ordinary shares with 2.6% of the class, all with shared voting and dispositive power and no sole voting or dispositive power reported for these positions.

How are Turkcell (TKC) American Depositary Receipts structured in this ownership report?

The filing explains that the reported positions are held as American Depositary Receipts (ADSs), with each ADS representing 2.5 ordinary shares. Beneficial ownership calculations are based on ordinary shares underlying these ADSs.

What share count baseline is used for the Slim group’s Turkcell (TKC) ownership percentages?

Ownership percentages use a baseline of approximately 2,200,000,000 ordinary shares issued and outstanding as of December 31, 2025, as reported in Turkcell’s Form 20-F filed with the SEC on April 17, 2026.

How much voting and dispositive power over Turkcell (TKC) shares is reported for Grupo Financiero Inbursa?

Grupo Financiero Inbursa reports 10,890,000 ordinary shares underlying ADSs with 0.5% of the class, all under shared voting and shared dispositive power, and no sole voting or sole dispositive power for these securities.





900111204

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares, nominal value TRY 1.000 per share ("Ordinary Shares") reported herein are held in the form of American Depositary Receipts ("ADSs"). Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in Turkcell Iletisim Hizmetleri A.S.'s (the "Issuer") Form 20-F filed with the Securities and Exchange Commission ("SEC") on April 17, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares reported herein are held in the form of ADSs. Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in the Issuer's Form 20-F filed with the SEC on April 17, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares reported herein are held in the form of ADSs. Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in the Issuer's Form 20-F filed with the SEC on April 17, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares reported herein are held in the form of ADSs. Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in the Issuer's Form 20-F filed with the SEC on April 17, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares reported herein are held in the form of ADSs. Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in the Issuer's Form 20-F filed with the SEC on April 17, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares reported herein are held in the form of ADSs. Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in the Issuer's Form 20-F filed with the SEC on April 17, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares reported herein are held in the form of ADSs. Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in the Issuer's Form 20-F filed with the SEC on April 17, 2026.


SCHEDULE 13G





SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares reported herein are held in the form of ADSs. Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in the Issuer's Form 20-F filed with the SEC on April 17, 2026.


SCHEDULE 13G





SCHEDULE 13G




Comment for Type of Reporting Person: The Ordinary Shares reported herein are held in the form of ADSs. Each ADS represents 2.5 Ordinary Shares. Percent beneficially owned is based on approximately 2,200,000,000 Ordinary Shares issued and outstanding as of December 31, 2025, as reported in the Issuer's Form 20-F filed with the SEC on April 17, 2026.


SCHEDULE 13G



Carlos Slim Helu
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Carlos Slim Domit
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Marco Antonio Slim Domit
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit
Date:07/30/2026
Patrick Slim Domit
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Maria Soumaya Slim Domit
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Vanessa Paola Slim Domit
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Johanna Monique Slim Domit
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Grupo Financiero Inbursa, S.A.B. de C.V.
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Control Empresarial de Capitales, S.A. de C.V.
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Fundacion Telmex, A.C.
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026
Fundacion Carlos Slim, A.C.
Signature:/s/ Marco Antonio Slim Domit
Name/Title:Marco Antonio Slim Domit/ Attorney-in-Fact*
Date:07/30/2026

Comments accompanying signature: * The Powers of Attorney for the members of the Slim Family, GFI, Control Empresarial, Fundacion Telmex and Fundacion Carlos Slim are each filed as an exhibit to the Schedule 13G filed by the Reporting Persons with the SEC on April 6, 2026 and are hereby incorporated herein by reference.