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Turkcell Iletisim Hizmetleri AS (TKC)

TKC on New York Consolidated

9.00USD
26 Jul 2017
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Latest Key Developments (Source: Significant Developments)

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

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

May 4 (Reuters) - Telia :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

Turkcell deal will price at TL 11.45 - Bookrunner
Wednesday, 3 May 2017 02:24pm EDT 

May 3 (Reuters) - :Turkcell: bookrunner says deal will price at TL 11.45.  Full Article

Turkcell's bookbuild pricing guidance of TL 11.42-11.45- bookrunner
Wednesday, 3 May 2017 01:17pm EDT 

May 3 (Reuters) - Bookrunner::Turkcell: Bookrunner says price guidance for bookbuild at tl 11.42 - tl 11.45.Turkcell: Bookrunner says books are covered throughout this range.Turkcell: Bookrunner says books will close at 6:45pm.  Full Article

Bookrunner says Turkcell bookbuild books covered, price guidance to follow
Wednesday, 3 May 2017 12:04pm EDT 

May 3 (Reuters) - Bookrunner::turkcell: Bookrunner says books covered, price guidance to follow.  Full Article

Bookrunner says price guidance on Turkcell bookbuild is with reference to market
Wednesday, 3 May 2017 11:47am EDT 

May 3 (Reuters) - Turkcell Iletisim Hizmetleri As :Turkcell: bookrunner says visibility on potential investor interest for c.90 pct of the deal size, from a limited market sounding exercise.Turkcell: bookrunner says price guidance is with reference to market.  Full Article

UPDATE 1-Telia warns one-off items to hit Q2 earnings

STOCKHOLM, July 14 Telia Company is facing a 1.2 billion crown ($144 million) hit on second-quarter earnings due to capital losses and other one-off items, the Nordic telecom operator warned on Friday.