Recent Updates — TKC
Turkcell announced that Kadri Özdal resigned as Chief Sales Officer effective September 8, 2026. Metin Tuğtağ, previously General Manager of Turkcell Global Bilgi, was appointed to succeed him as Chief Sales Officer, effective September 9, 2026. This represents a routine executive transition within the company's sales leadership structure. The telecommunications industry company provides mobile and fixed-line communication services in Turkey.
Turkcell issued a press release to address media rumors regarding ongoing discussions with the Türkiye Wealth Fund for the acquisition of shares in Türkiye’nin Otomobili Girişim Grubu San. ve Tic. A.Ş. The company confirmed that while it may engage in such discussions as part of its investment strategies, no transaction has been finalized and talks remain at an early stage. This telecommunications operator provides mobile and fixed-line communication services.
Turkcell reported second quarter 2026 results with consolidated revenue increasing 2.5% year-over-year to TRY 71.8 billion and EBITDA reaching TRY 30.0 billion, yielding an EBITDA margin of 41.8%. Net income declined 5.7% to TRY 5.2 billion due to higher depreciation from 5G investments and increased finance costs, partially offset by significant monetary gains. The company added 243,000 mobile subscribers, surpassing the 40 million milestone, while Superbox net additions reached 64,000. Turkcell revised its full-year inflation assumption to 28% but maintained guidance for 5-7% real revenue growth and an EBITDA margin of 40-42%. The company operates in the telecommunications industry, providing mobile, fixed, digital, and financial services primarily in Türkiye.
Turkcell İletişim Hizmetleri A.Ş. announced that its financial results for the second quarter of 2026, covering the period from April 1 to June 30, 2026, will be publicly released on August 13, 2026, after Borsa Istanbul trading hours. The company operates in the telecommunications industry, providing mobile and fixed-line communication services.
Turkcell İletişim Hizmetleri A.Ş. redeemed its financing bond (ISIN: TRFTCEL62613) on June 24, 2026. The bond had a nominal amount of TRY 500,000,000, a 104-day maturity, and a 40.25% annual simple interest rate. The company completed the redemption and the single coupon payment of TRY 57,342,450 on the same day. The transaction was executed following a board decision on March 25, 2025. Turkcell is a telecommunications company providing mobile and fixed-line services.
Turkcell İletişim Hizmetleri A.Ş. completed the redemption and coupon payment of its financing bond (ISIN: TRFTCEL62621) on June 24, 2026. The company paid a principal amount of TRY 530,000,000 and a coupon payment of TRY 52,985,478. The bond had a maturity of 89 days and an annual simple interest rate of 41.00%. Turkcell is a Turkish telecommunications company providing mobile and fixed-line communication services.