Turkcell Group, also known as Turkcell İletişim Hizmetleri A.Ş., is a Publicly Owned multi-national technology holding company headquartered in Turkey. Founded in 1994, the company employs approximately 12,350 individuals and reported $6.1B in revenue as of 2025. Functioning as an integrated telecommunications provider, it has transitioned from a mobile-centric operator into a diversified conglomerate that manages a portfolio of digital services, infrastructure assets, and international subsidiaries. The Group maintains a high degree of vertical integration, developing its own software, managing its own financial services, and operating a fiber and data center network.

2025 Revenue

Founded

1994

Headcount

12,344

Headquarters

Turkey

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On April 27, 2026, Fitch Ratings revised the Outlook on Turkcell Iletisim Hizmetleri A.S.'s (Tcell) Long-Term Foreign-Currency Issuer Default Ratings (IDRs) to Stable from Positive, while affirming all other ratings. This rating action followed Fitch's revision of Turkiye's LTFC IDR Outlook to Stable from Positive on April 10, 2026. Previously, on April 22, Turkcell launched a comprehensive campaign to expand 5G access and boost device adoption across Turkiye, which runs until May 20. This initiative, highlighted by an "expanded push into 5G adoption" and promoted through its "Turkcell Power" program, offers customers various financing options and discounts on 5G-compatible smartphones. These include the iPhone 17 series and Samsung Galaxy models, available with options like a three-installment payment plan at cash price, across its revamped retail stores and Pasaj.
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Examples of Turkcell Group (Holding)'s suppliers include Huawei Carrier Business and Qwilt.

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