Turkcell Group (Holding)
Turkcell Group, also known as Turkcell Holding, a publicly owned company headquartered in Turkey, was founded in 1994, with approximately 12,350 employees, and reported $6.1B in revenue as of 2025. The company specializes in telecoms, functioning as a multi-national technology holding company and an integrated telecommunications provider in Turkey. It has transitioned from a mobile-centric operator into a diversified conglomerate managing a portfolio of digital services, infrastructure assets, and international subsidiaries. The Group is notable for its vertical integration, developing its own software, managing its own financial services, and operating a fiber and data center network.

2025 Revenue

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Founded

1994

Headcount

16,290

Headquarters

Turkey

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On August 19, 2026, Turkcell announced its participation in six new international R&D projects supported under Europe's competitive research programs. These projects include 3D-NET MAGIC-6G and FUTURE-6G, focusing on 6G technologies; SAFARI and UNIFIER, aimed at strengthening critical digital infrastructure; and RESURRECTION, which supports sustainable digital transformation, representing Türkiye in critical international R&D studies. This followed the company's Q2 financial reporting earlier in August. On August 17, Turkcell reported a 2.5% year-on-year revenue increase to TRY 71.8 billion for the second quarter of 2026, also reaching 40 million mobile subscribers. Turkcell Türkiye remained the largest revenue contributor, boosted by corporate services, while Techfin and other segments expanded 7% and 18.4%, respectively. On August 16, Turkcell detailed a TL 5.2 billion net profit for the quarter, with consolidated EBITDA reaching TL 30.0 billion and an EBITDA margin of 41.8%. Management, on August 14, maintained its full-year financial guidance, projecting growth in the second half due to delayed pricing actions, normalized competition, and contributions from Digital Business Services and Techfin.
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Aug
19th
2026
08:33
Aug
19th
2026
06:30
Aug
17th
2026
04:02
Aug
16th
2026
07:47
Aug
14th
2026
06:30
Aug
14th
2026
01:40
Emerging Tech, Financial Results, Financial Performance
Turkcell (TKC) Q2 2026 Earnings Call Transcript
Turkcell reported a strong second quarter, with group revenue reaching 71.8 billion Turkish liras, up 2.5% year-over-year. The company's core connectivity segment maintained momentum, while digital business services and fintech operations expanded their contribution to the group revenue mix. Turkcell entered the 5G deployment phase, commencing depreciation of license assets while leveraging fixed wireless access to capture broadband demand. The company's financial stability was supported by a leverage ratio of 0.4 times and a cash position of 89 billion Turkish liras. Management expects the growth impact of recent price hikes to become visible in the second half of the year, with the first positive signals expected in the third quarter of 2026. The company's data center business is expected to contribute 10% to 15% of revenue by 2030-2031, with the service business expected to bring more revenue in the coming years.
The Globe and Mail
Aug
13th
2026
18:56
Financial Results, Financial Performance
Earnings call transcript: Turkcell posts Q2 2026 growth as 5G costs rise
Turkcell reported a 2.5% year-over-year increase in revenue to TRY 71.8 billion, with EBITDA at TRY 30 billion and a margin of 41.8%. Net income was TRY 5.2 billion. The company delivered real growth for the eighth consecutive quarter despite 32% inflation in Turkey and geopolitical pressure. Management expects revenue growth to accelerate in the second half as pricing actions take fuller effect and competition normalizes. The company's core mobile business continued to improve, with postpaid subscribers reaching 32.5 million and a postpaid mix of 81%. Monthly churn improved to 1.6%, and mobile ARPU, excluding machine-to-machine traffic, increased 27% to TRY 448. Turkcell also leaned on its broader portfolio, with fiber, FWA, digital services, and techfin all contributing to growth. The company has been trying to build a more diversified and resilient business model, with a traditional connectivity business alongside a larger digital infrastructure and services platform.
Investing.com Australia
Aug
13th
2026
13:27
Aug
13th
2026
06:30
Financial Results, Financial Performance
Earnings call transcript: Turkcell posts Q2 2026 growth as 5G costs rise
Turkcell reported a 2.5% year-over-year increase in revenue to TRY 71.8 billion, with EBITDA at TRY 30 billion and a margin of 41.8%. Net income was TRY 5.2 billion. The company delivered real growth for the eighth consecutive quarter, despite 32% inflation in Turkey and geopolitical pressure. Management said they expect revenue growth to accelerate in the second half as pricing actions take fuller effect and competition normalizes. The company's core mobile business continued to improve, with postpaid subscribers reaching 32.5 million and monthly churn improving to 1.6%. Mobile ARPU, excluding machine-to-machine traffic, increased 27% to TRY 448. The company's broader portfolio, including fiber, FWA, digital services, and techfin, also contributed to growth. Management highlighted the company's scale in mobile and fixed wireless access, with a 74% share of FWA and 40 million mobile subscribers. The company's balance sheet and operating discipline were also highlighted, with a leverage ratio of 0.4 times and a strong balance sheet. Management said they expect the data center business to become a larger part of the company over time, with a potential 10-15% contribution to revenue by 2030 or 2031. The company's shares were little changed after the report, slipping 0.28% to $5.435 from $5.45.
Investing.com
Aug
10th
2026
14:15
Jul
24th
2026
17:55
Jul
17th
2026
02:37
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