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:

Mexican telecom billionaire Carlos Slim, through his América Móvil, added shares of Turkcell to his investment portfolio on July 24, 2026. This follows the L1 Technology 2025 year in review published on July 16, 2026, which highlighted Turkcell's contribution to growing digital inclusion and providing innovative products and services. Earlier, on July 15, 2026, Turkcell announced its CEO, Ali Taha Koc, received an appointment as chair of the Technology Group of the World GSM Association (GSMA). Koc, also a member of the GSMA board of directors, will chair group meetings in New Delhi, India, on October 5. Previously, on July 13, 2026, CEO Ali Taha Koç, speaking at the AI for Good Global Summit organized by the International Telecommunication Union (ITU) in Geneva, emphasized Turkcell's view of every infrastructure investment as a strategic contribution to Türkiye's national future, linking artificial intelligence leadership to robust, independent digital infrastructure.
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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
Jul
16th
2026
10:45
Jul
15th
2026
03:31
Jul
13th
2026
15:33
Jul
12th
2026
19:30
Examples of Turkcell Group (Holding)'s suppliers include Huawei Carrier Business and Qwilt.

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