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Turkcell Iletisim Hizmetleri AS (TKC)

TKC on New York Consolidated

9.09USD
20 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Turkcell intends to be potential investor in Turkey's Automotive Project
Thursday, 2 Nov 2017 08:52am EDT 

Nov 2 (Reuters) - TURKCELL ::INTENDS TO BE POTENTIAL INVESTOR IN TURKEY'S AUTOMOTIVE PROJECT.SIGNS JOINT VENTURE GROUP PROTOCOL FOR TURKEY'S AUTOMOTIVE PROJECT.TURKEY'S AUTOMOTIVE PROJECT IS COORDINATED BY MINISTRY OF SCIENCE INDUSTRY AND TECHNOLOGY AND TURKISH UNION OF CHAMBERS AND COMMODITY EXCHANGES.  Full Article

Turkcell Q3 net profit jumps to 600.0 million lira
Wednesday, 25 Oct 2017 11:20am EDT 

Oct 25 (Reuters) - TURKCELL ::Q3 NET PROFIT OF 600.0 MILLION LIRA VERSUS 181.7 MILLION LIRA YEAR AGO.Q3 REVENUE OF 4.43 BILLION LIRA VERSUS 3.60 BILLION LIRA YEAR AGO.  Full Article

Turkcell to establish a internet service provider company in Northern Cyprus
Friday, 29 Sep 2017 09:21am EDT 

Sept 29 (Reuters) - TURKCELL ::BOARD OF DIRECTORS APPROVES INCORPORATION OF A COMPANY IN TURKISH REPUBLIC OF NORTHERN CYPRUS‍​.COMPANY TO BE ESTABLISHED BY UNIT KIBRIS MOBILE TELEKOMÜNIKASYON BASED IN TRNC WITH A PAID-IN CAPITAL OF USD 100,000.  Full Article

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

UPDATE 1-Russia's Alfa interested in buying Cukurova's Turkcell stake - sources

ISTANBUL, Nov 10 Russia's Alfa Telecom is interested in increasing its stake in mobile operator Turkcell by buying out Turkish firm Cukurova, which missed a recent debt repayment and could consider offers, two sources close to the matter told Reuters.