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Turkcell Iletisim Hizmetleri AS (TKC.N)

TKC.N on New York Stock Exchange

8.83USD
20 Sep 2017
Change (% chg)

$-0.01 (-0.11%)
Prev Close
$8.84
Open
$8.86
Day's High
$8.93
Day's Low
$8.77
Volume
64,196
Avg. Vol
75,762
52-wk High
$9.68
52-wk Low
$6.35

Latest Key Developments (Source: Significant Developments)

Telia sells 153.5 mln Turkcell shares in placing
Tuesday, 19 Sep 2017 02:00am EDT 

Sept 19 (Reuters) - Telia :Result of placing of ordinary shares in Turkcell.Says following completion of placing and sale, Telia Company will own 24.0 percent of issued share capital of Turkcell through its ownership in Turkcell Holding.Says through placing, Sonera Holding B.V., a wholly owned subsidiary of Telia Company, has agreed to sell an aggregate of 153.5 million ordinary shares in Turkcell at a price of TRY 11.60 per ordinary share.  Full Article

Books for Turkcell offer are covered -bookrunner
Monday, 18 Sep 2017 11:36am EDT 

Sept 18 (Reuters) - TURKCELL : BOOKRUNNER::BOOKS ARE COVERED, PRICING GUIDANCE TO COME‍​.BOOKS EXPECTED TO CLOSE AT SHORT NOTICE THIS EVENING.  Full Article

Investor interest in Turkcell ‍offer exceeds deal size :bookrunner
Monday, 18 Sep 2017 11:15am EDT 

Sept 18 (Reuters) - TURKCELL : BOOKRUNNER::‍VISIBILITY ON POTENTIAL INVESTOR INTEREST IN EXCESS OF DEAL SIZE, FROM A LIMITED MARKET SOUNDING EXERCISE​.‍PRICE GUIDANCE IS WITH REFERENCE TO MARKET​.  Full Article

Sweden's Telia says to sell 7 pct stake in Turkcell
Monday, 18 Sep 2017 11:15am EDT 

Sept 18 (Reuters) - Telia Company :Telia company announces proposed sale of part of its stake in Turkcell.Says ‍announces launch of an accelerated bookbuilding offering to institutional investors of approximately 153.5 million shares in Turkcell Iletism Hizmetleri A.S. (Turkcell)​.Says ‍proposed stake sale represents approximately 7.0 percent of Turkcell's issued share capital.​.Says ‍will continue to be largest shareholder in Turkcell in economic terms post today's proposed transaction.​.  Full Article

Turkcell says Qtrly ‍revenue 4,316 million Lira, up 28.5 percent​
Thursday, 27 Jul 2017 11:46am EDT 

July 27 (Reuters) - Turkcell Iletisim Hizmetleri As :Turkcell Qtrly ‍revenue 4,316 million Lira, up 28.5 percent​.Qtrly net income 704 million Lira, up 69.2 percent.Mmaintained full year guidance for capex over sales targeted at 19%-20%​.Q2 revenue view TRY 4.14 billion -- Thomson Reuters I/B/E/S.Revised full year guidance for revenue growth from 16 percent-18 percent to 21 percent-23 percent and for EBITDA margin from 32 percent-34 percent to 33 percent-35 percent​.FY2017 revenue view try 16.64 billion -- Thomson Reuters I/B/E/S.  Full Article

Turkcell restructures EUR 500 mln swap transaction from China Development Bank
Monday, 29 May 2017 08:04am EDT 

May 29 (Reuters) - TURKCELL ::RESTRUCTURES THE PARTICIPATING CURRENCY SWAP TRANSACTION FOR THE 10-YEAR LOAN WITH AN AMOUNT OF EUR500 MILLION FROM CHINA DEVELOPMENT BANK DATED 01.07.2016 IN ORDER TO MANAGE ITS FOREIGN CURRENCY RISK.ACCORDINGLY, COMPANY HAS FIXED THE ANNUAL INTEREST RATE OF EUR500 MILLION LOAN TO 10.1% IN TURKISH LIRA TERMS, AND EXTENDED THE MATURITY OF THE SWAP TRANSACTION TO 2025 TO MATCH THE MATURITY OF THE LOAN.  Full Article

Turkcell's unit Lifecell to set up a financial services company in Ukraine
Friday, 26 May 2017 10:36am EDT 

May 26 (Reuters) - TURKCELL ::TO SET UP A COMPANY IN UKRAINE, WHOSE FIELD OF OPERATION WILL BE FINANCIAL SERVICES, THROUGH UNIT LIFECELL LLC IN UKRAINE, WITH A PAID-IN CAPITAL OF USD 2.0 MILLION (OR EQUIVALENT IN OTHER CURRENCIES).  Full Article

Turkcell raises 2017 revenue growth outlook to 16-18 pct
Friday, 26 May 2017 07:50am EDT 

May 26 (Reuters) - Turkcell :SAYS REVISES 2017 REVENUE GROWTH OUTLOOK TO 16-18 PERCENT FROM 13-15 PERCENT .RETAINS 2017 EBITDA MARGIN OUTLOOK AT 32-34 PERCENT.  Full Article

Turkcell Holding shareholders agree to propose 3.0 bln lira dividend at Turkcell's AGM
Wednesday, 24 May 2017 10:24am EDT 

May 24 (Reuters) - Public Disclosure Platform (KAP)::TURKCELLL HOLDING SHAREHOLDERS AGREE TO PROPOSE DISTRIBUTION OF 3.0 BILLION LIRA DIVIDEND AT TURKCELL'S <<>> AGM -KAP .TURKCELL'S AGM WILL BE HELD ON MAY 25.  Full Article

RPT-Telia says places 155 mln Turkcell shares for SEK 4.4 bln
Thursday, 4 May 2017 02:00am EDT 

Repeats to additional subscribers. No change to text.:Result of placing of ordinary shares in Turkcell.Says has agreed to sell an aggregate of 155 million ordinary shares in Turkcell at a price of TRY11.45 per ordinary share, raising gross proceeds of TRY1,775 million (equivalent to approximately SEK 4,426 million).Following the completion of the placing and the sale, Telia Company will own 31.0 percent of the issued share capital of Turkcell, that includes a 7.0 percent direct stake and a 24.0 percent indirect stake. After the placing, Telia Company will continue to be the largest shareholder in Turkcell in economic terms..  Full Article

UPDATE 1-Telia sells 7 pct stake in Turkcell for SEK 4.1 bln

Sept 19 Nordic telecom operator Telia Company said on Tuesday said it had sold a 7 percent stake in Turkish mobile operator Turkcell in a deal generating proceeds of about 4.1 billion Swedish crowns ($516 million).