sector: Telecommunications Services ·
industry: Wireless Telecommunications Services ·
As of
26 Nov 2009
9.30TRY
Turkcell Iletisim Hizmetleri A.S. (Turkcell) is a provider of mobile services in Turkey. The Company provides mobile voice and data services over its global system for mobile communications network. As of December 31, 2008, Turkcell provided service to its subscribers in 202 countries through commercial roaming agreements with 607 operators. The Company provides wireless and value-added mobile communications services to subscribers throughout Turkey. Subscribers can choose between its postpaid and pre-paid services. As of December 31, 2008, Turkcell had approximately 29.5 million pre-paid subscribers and 7.5 million postpaid subscribers. The Company has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and also in the Turkish Republic of Northern Cyprus, Ukraine and Belarus. In August 2008, Turkcell announced that it had completed the acquisition of an 80% stake in Belarusian Telecommunications Network (BEST).
BRIEF: For the six months ended 30 June 2009, Turkcell Iletisim Hizmetleri Anonim Sirketi's net sales increased 6% to TRY4.31B. Net profit for the period decreased 14% to TRY958.5M. Net sales for the period reflect an increase in Telecommunication in both domestic and foreign markets. Net profit was offset by decreased gross margins as well as decreased other income from financial activities and substantially higher financial expenses.
Turkcell Iletisim Hizmetleri AS
Turkcell Plaza
Mesrutiyet Caddesi, No:71
Tepebasi
Istanbul 80050
P: +90212.3131000
F: +90212.2925390