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Turkcell Iletisim Hizmetleri AS (TCELL.IS)

TCELL.IS on Istanbul Stock Exchange

13.21TRY
21 Jul 2019
Change (% chg)

-0.04TL (-0.30%)
Prev Close
13.25TL
Open
13.26TL
Day's High
13.38TL
Day's Low
13.19TL
Volume
4,841,705
Avg. Vol
8,695,542
52-wk High
15.39TL
52-wk Low
9.95TL

Latest Key Developments (Source: Significant Developments)

Turkcell Says Turkcell Finansman Applies To CMB For Approval Of Issuance Certificate To Issue Debt Instruments Up To 500 Mln Lira
Thursday, 20 Jun 2019 

June 20 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::TURKCELL FINANSMAN APPLIED TO CAPITAL MARKETS BOARD (CMB) FOR APPROVAL OF ISSUANCE CERTIFICATE TO ISSUE DEBT INSTRUMENTS IN TURKEY OF UP TO 500 MILLION LIRA.THE RESPECTIVE DEBT INSTRUMENTS WILL HAVE VARIOUS INTEREST RATE AND TERMS, VARIOUS MATURITIES OF UP TO 1 YEAR.THE RESPECTIVE DEBT INSTRUMENTS WILL BE LIRA DENOMINATED FOR DOMESTIC PLACEMENT WITHOUT PUBLIC OFFERING.  Full Article

Turkcell Enters Into Interest Rate Swap Transaction For $150 Mln Loan With China Development Bank
Friday, 31 May 2019 

June 3 (Reuters) - TURKCELL ILETISIM HIZMETLERI ::REPORTED ON FRIDAY IN ORDER TO MANAGE ITS FLOATING INTEREST RATE RISK, TURKCELL HAS ENTERED INTO INTEREST RATE SWAP TRANSACTION FOR THE $150 MILLION LOAN WITH (6M) LIBOR + 2.22% ANNUAL INTEREST RATE AND WITH APRIL 2026 MATURITY DATE FROM CHINA DEVELOPMENT BANK .HAS FIXED ANNUAL INTEREST RATE OF RESPECTIVE LOAN AT 4.33% IN USD TERMS, STARTING FROM APRIL 10 - OCTOBER 10, 2019 PERIOD AND UP UNTIL MATURITY.THERE HAVE BEEN NO CHANGES TO THE MATURITY OR THE REPAYMENT TERMS OF THE LOAN.  Full Article

Turkcell To Issue Debt Instruments Worth Up To $750.0 Mln To Overseas Qualified Investors
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::TO ISSUE DEBT INSTRUMENTS WORTH UP TO $750.0 MILLION TO OVERSEAS QUALIFIED INVESTORS.DEBT INSTRUMENT WILL BE ISSUED IN ONE OR MORE TRANCHES AND IN VARIOUS TERMS WITH FIXED AND/OR FLOATING INTEREST RATES.  Full Article

Turkcell's Unit Lifecell Ventures Signs Cooperation Deals With Albtelecom, Cg Corp Global And Digicel Group
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::ITS UNIT LIFECELL VENTURES COÖPERATIEF SIGNS COOPERATION DEALS WITH ALBTELECOM, CG CORP GLOBAL AND DIGICEL GROUP.WITH AGREEMENT, CG CORP GLOBAL, PART OF THE CG GROUP, WILL LAUNCH NEPAL'S FIRST DIGITAL OPERATOR TO AROUND 30 MILLION POTENTIAL CUSTOMERS.  Full Article

Turkcell Signs Loan Deal Of $150.0 Mln With J.P.Morgan Chase Bank, London Branch And AB Svensk Exportkredit
Monday, 25 Feb 2019 

Feb 25 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::SIGNS LOAN DEAL OF $150 MILLION WITH J.P.MORGAN CHASE BANK N.A., LONDON BRANCH AND AB SVENSK EXPORTKREDIT.AVAILABILITY PERIOD OF LOAN IS UNTIL APRIL 2021, TO BE UTILIZED IN THREE EQUAL TRANCHES EACH WITH A MATURITY OF 10 YEARS.TOTAL ANNUAL COST OF THE LOAN IS LIBOR+2.10% FOR THE FIRST TRANCHE AND FIXED 5.35% FOR THE SECOND AND THIRD TRANCHES.  Full Article

Turkcell's Unit Superonline Iletisim To Issue Lease Certificates Up To 500.0 Mln Lira To Domestic Qualified Investors
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::AUTHORIZES ITS UNIT SUPERONLINE ILETISIM TO ISSUE LEASE CERTIFICATES UP TO 500.0 MILLION LIRA TO DOMESTIC QUALIFIED INVESTORS.LEASE CERTIFICATES TO BE WITH MATURITIES UP TO 12 MONTHS, AT ONE OR MORE TRANCHES, WITHOUT PUBLIC OFFERING.  Full Article

Turkcell To Transfer Shares Of 41.5-Pct Unit Fintur Holdings To Sonera Holding At Est. Of EUR 350.0 Mln
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::SIGNS BINDING AGREEMENT TO TRANSFER SHARES IN 41.5-PERCENT UNIT FINTUR HOLDINGS TO SONERA HOLDING.THE VALUE OF THE TRANSACTION IS ANTICIPATED TO BE APPROXIMATELY EUR 350 MILLION.CASH PROCEEDS FROM FINTUR TRANSACTION WILL LOWER OUR NET DEBT/EBITDA RATIO BELOW 1.5 TIMES - CEO TERZIOGLU.FINTUR TRANSACTION IS EXPECTED TO BE COMPLETED IN JANUARY 2019- CEO TERZIOGLU.WITH FINTUR TRANSACTION, OUR LIMITED SHORT FX POSITION WILL TURN INTO A LONG POSITION - CEO TERZIOGLU.CONTRIBUTION OF FINTUR TRANSACTION TO TURKCELL'S PROFITABILITY TO BE AROUND 850 MILLION LIRA - CEO TERZIOGLU.  Full Article

Turkcell's Unit Fintur Signs Binding Agreement To Divest Unit Kcell To Kazakhtelecom
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::FOR ACQUISITION OF UNIT KCELL BY KAZAKHTELECOM, ENTERPRISE VALUE IS FORESEEN AS $771 MILLION FOR 100% OF SHARES.THIS CORRESPONDS TO EV/EBITDA MULTIPLE OF 5.0 TIMES BASED ON THE LAST TWELVE MONTHS EBITDA PER SEPTEMBER 2018.THE REGULATORY APPROVALS WITH RESPECT TO THE TRANSACTION HAVE BEEN OBTAINED.THE FINAL PRICE TO BE DETERMINED FOLLOWING CLOSING PROCEDURES AND TRANSACTION WILL BE FINALIZED.  Full Article

Turkcell Appoints Osman Yilmaz As Chief Financial Officer
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::OSMAN YILMAZ HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER OF OUR COMPANY.HE HAS ASSUMED THIS ROLE IN ACTING POSITION TO DATE.  Full Article

Turkcell Upgrades Guidance For 2018
Wednesday, 24 Oct 2018 

Oct 25 (Reuters) - TURKCELL ::SAID ON WEDNESDAY UPGRADES GUIDANCE FOR 2018 .TARGETS 2018 REVENUE GROWTH OF 20%-22% UP FROM 16%-18% RANGE .TARGETS 2018 EBITDA MARGIN OF 39%-41% UP FROM 37%-40% RANGE .KEEPS TARGET OPERATIONAL CAPEX OVER SALES RATIO OF 19%-18% UNCHANGED .  Full Article