Turk Telekomunikasyon AS: Broadly in line with expectations

  • Turk Telekom recorded TL561mn net income in 1Q22, broadly in line with consensus est. of TL539mn and our est. of TL538mn

  • Recall that 55% share transfer of Turk Telekom to Turkish Wealth Fund is completed by 31 March 2022

  • Keeping TTKOM in our top picks list

April 28th, 2022
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