Earnings ·
Turkcell reports Q3 revenue of TRY 82.0 billion and acquires additional TOGG stake for EUR 88 million
TKCTurkcell Iletisim Hizmetleri A S
Turkcell reported third-quarter consolidated revenues of TRY 82.0 billion, a 6.2% year-over-year increase, driven by strong corporate segment growth of 30.6% and Techfin performance. EBITDA rose 6.8% to TRY 36.2 billion with an improved margin of 44.2%, while net income was TRY 6.7 billion. The company also announced the acquisition of an additional 11% stake in TOGG for EUR 88 million, bringing its total ownership to 34%. Additionally, Turkcell repurchased 20.7 million shares for TRY 1.9 billion under its share buyback program during October and November 2026. The company operates as a leading telecommunications provider in Türkiye with digital services and techfin segments.