Turkcell Iletisim Hizmetleri AS (TKC.N)
17 Feb 2017
CORRECTED-BRIEF-Turkcell unit Turktell Bilisim will apply to EMRA to operate in energy trade and sales
* 100 percent owned unit Turktell Bilisim to make the application to EMRA for permission to operate following the completion of the incorporation of a company with an initial capital of 2.0 million lira ($544,499.20)
* TeleSoneria and Turkcell are planning to complete exiting process from Fintur in 2017 -CEO Kaan Terzioglu
* FY 2016 net profit of 1.51 billion lira ($410.29 million)versus 2.07 billion lira year ago
(The following statement was released by the rating agency) LONDON, February 01 (Fitch) Fitch Ratings has affirmed Turkcell Iletisim Hizmetleri A.S's (TCELL) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'. The Outlook on the IDR is Negative. TCELL has a stronger underlying business, operating and financial profile than reflected in its 'BBB-' rating. Constraints include potential further material FX depreciation, and expectations of leverage rising to management
LONDON, Jan 27 Nordic telecom operator Telia Company said on Friday it would probably sell its Eurasian assets this year, as it posted core fourth-quarter earnings almost in line with expectations.
(The following statement was released by the rating agency) LONDON, January 16 (Fitch) Fitch Ratings has affirmed Turkcell Iletisim Hizmetleri A.S's (TCELL) Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'. The Outlook on the IDR is Negative. TCELL has a stronger underlying business, operating and financial profile than would otherwise be reflected in its 'BBB-' rating. Constraints include the potential for further material FX depreciation, sovereign correlation a
ISTANBUL, Nov 29 The decade-long struggle over control of Turkcell, Turkey's top mobile network operator, took another turn on Tuesday when Russian billionaire Mikhail Fridman said he was unable to buy a disputed stake from his Turkish rival.
ISTANBUL, Nov 29 Turkey's Cukurova and Russia's Alfa are "back to square one" in a longstanding dispute over a stake in Turkish mobile carrier Turkcell, a source familiar with Cukurova's thinking said on Tuesday.
ISTANBUL, Nov 29 Russian billionaire Mikhail Fridman has no legal means to end a longstanding dispute over Turkish mobile carrier Turkcell, as he is unable to purchase shares from a rival shareholder due to a legal injunction, one of his companies said on Tuesday.
ISTANBUL Russian billionaire Mikhail Fridman could take control of Turkcell after fellow shareholder Cukurova failed to declare an intent to buy a disputed 13.2 percent stake by a court deadline, a source close to the matter said on Monday.