Turkcell Iletisim Hizmetleri AS


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7 articles for Turkcell Iletisim Hizmetleri AS

Turkey: Bargains are hard to come by anymore

We revised up our 12-month BIST-100 target to 6,800 from 4,800, indicating an upside of 30%. Considering high inflation, risks might be higher compared to potential rewards at current levels. Our top picks: BIMAS TI, CCOLA TI, MGROS TI, SISE TI, TAVH...
ATA Invest Zeynep
Zeynep Erman @ ATA Invest 26 January 2023

Turkcell AS: Stronger-than-expected results

Turkcell recorded TL2,396mn net income in 3Q22, 9.6% higher than our est. and 44.0% above cons. Revenues were 1.1% above our estimates and EBITDA of TL5,990mn was 0.8% above our estimates. Guidance for 2022 is revised up: (1) topline growth to 47-48%...
ATA Invest Cemal
Cemal Demirtas @ ATA Invest 4 November 2022

Turkey Strategy: Election coming amid global slowdown

We revised up our 12-month BIST-100 target to 4,800 from 4,000, indicating an upside of 25%. Amid macro uncertainties, depending on signals in 4Q22, we might see lower levels in equitiesbefore it gets better. Our top picks: Bim, Coca Cola Icecek, Mi...
ATA Invest Zeynep
Zeynep Erman @ ATA Invest 20 October 2022

Turkcell AS: Q2 results slightly better than expected

Turkcell recorded TL1,113mn net income in 2Q21, slightly better than consensus est. The company management revised up its topline growth guidance to c.18% from 14-16% and EBITDA guidance to c. Turkcell international revenues, comprising 9.8% of Group...
ATA Invest Cemal
Cemal Demirtas @ ATA Invest 16 August 2021

Turkcell AS: Excluding one-off gains, results are broadly in line

Revenues were 2.5% above our estimates but EBITDA of TL3,243mn was inline with our estimates. Consumer segment revenues were also up by 16.1% y/y, mainly driven by rising post-paid subscriber share, increased data and digital service usage, as well a...
ATA Invest Cemal
Cemal Demirtas @ ATA Invest 22 February 2021

Turkcell AS: 3Q20 results – Impressive on all fronts

Turkcell revised up its 2020 topline growth guidance to 14-15%” from 10-12% and its EBITDA margin guidance to 41-42% from 40-42%. Turkcell international revenues, comprising 9% of Group revenues, increased by 25.3% y/y to TL658mn, mainly due to highe...
ATA Invest Cemal
Cemal Demirtas @ ATA Invest 9 November 2020


Telecommunication Services
Turkcell Iletisim Hizmetleri AS (Turkcell) is a converged communication and technology services player with regional assets and globally relevant services. The Company provides mobile and fixed voice, data, television, and other services over its network in Turkey.

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Asia Cemal Demirtas Telecommunication Services Turkcell Iletisim Hizmetleri AS Communication Services Turkey MENA Equity Turkcell Turkcell International Turkcell Turkey Turkcell Consumer Finance Company TCF 2022