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Turkcell Iletisim Hizmetleri AS (TCELL.IS)

TCELL.IS on Istanbul Stock Exchange

12.34TRY
13 Dec 2018
Change (% chg)

-0.19TL (-1.52%)
Prev Close
12.53TL
Open
12.53TL
Day's High
12.56TL
Day's Low
11.97TL
Volume
9,255,150
Avg. Vol
11,574,457
52-wk High
17.50TL
52-wk Low
9.95TL

Latest Key Developments (Source: Significant Developments)

Turkcell To Transfer Shares Of 41.5-Pct Unit Fintur Holdings To Sonera Holding At Est. Of EUR 350.0 Mln
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::SIGNS BINDING AGREEMENT TO TRANSFER SHARES IN 41.5-PERCENT UNIT FINTUR HOLDINGS TO SONERA HOLDING.THE VALUE OF THE TRANSACTION IS ANTICIPATED TO BE APPROXIMATELY EUR 350 MILLION.CASH PROCEEDS FROM FINTUR TRANSACTION WILL LOWER OUR NET DEBT/EBITDA RATIO BELOW 1.5 TIMES - CEO TERZIOGLU.FINTUR TRANSACTION IS EXPECTED TO BE COMPLETED IN JANUARY 2019- CEO TERZIOGLU.WITH FINTUR TRANSACTION, OUR LIMITED SHORT FX POSITION WILL TURN INTO A LONG POSITION - CEO TERZIOGLU.CONTRIBUTION OF FINTUR TRANSACTION TO TURKCELL'S PROFITABILITY TO BE AROUND 850 MILLION LIRA - CEO TERZIOGLU.  Full Article

Turkcell's Unit Fintur Signs Binding Agreement To Divest Unit Kcell To Kazakhtelecom
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::FOR ACQUISITION OF UNIT KCELL BY KAZAKHTELECOM, ENTERPRISE VALUE IS FORESEEN AS $771 MILLION FOR 100% OF SHARES.THIS CORRESPONDS TO EV/EBITDA MULTIPLE OF 5.0 TIMES BASED ON THE LAST TWELVE MONTHS EBITDA PER SEPTEMBER 2018.THE REGULATORY APPROVALS WITH RESPECT TO THE TRANSACTION HAVE BEEN OBTAINED.THE FINAL PRICE TO BE DETERMINED FOLLOWING CLOSING PROCEDURES AND TRANSACTION WILL BE FINALIZED.  Full Article

Turkcell Appoints Osman Yilmaz As Chief Financial Officer
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::OSMAN YILMAZ HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER OF OUR COMPANY.HE HAS ASSUMED THIS ROLE IN ACTING POSITION TO DATE.  Full Article

Turkcell Upgrades Guidance For 2018
Wednesday, 24 Oct 2018 

Oct 25 (Reuters) - TURKCELL ::SAID ON WEDNESDAY UPGRADES GUIDANCE FOR 2018 .TARGETS 2018 REVENUE GROWTH OF 20%-22% UP FROM 16%-18% RANGE .TARGETS 2018 EBITDA MARGIN OF 39%-41% UP FROM 37%-40% RANGE .KEEPS TARGET OPERATIONAL CAPEX OVER SALES RATIO OF 19%-18% UNCHANGED .  Full Article

Turkcell Q3 Net Profit Plunges To 241.4 Mln Lira YoY
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::Q3 NET PROFIT OF 241.4 MILLION LIRA VERSUS 600.6 MILLION LIRA YEAR AGO.Q3 REVENUE OF 5.55 BILLION LIRA VERSUS 4.43 BILLION LIRA YEAR AGO.  Full Article

Turkcell Says National Bank Of Ukraine Approves Local Currency Transfer License Application Of Unit Paycell
Monday, 8 Oct 2018 

Oct 8 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::NATIONAL BANK OF UKRAINE APPROVES LOCAL CURRENCY TRANSFER LICENSE APPLICATION OF UNIT PAYCELL LLC IN UKRAINE.  Full Article

Turkcell's 55-Pct Unit Inteltek Internet Teknoloji Extends Contract With Spor Toto For 1 Year
Friday, 31 Aug 2018 

Aug 31 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::ITS 55-PERCENT UNIT INTELTEK INTERNET TEKNOLOJI EXTENDS CONTRACT WITH SPOR TOTO FOR 1 YEAR.  Full Article

Turkcell Modifies Parameters Of Participating Currency Swap Transaction Loan Worth Eur500 Million From China Development Bank
Friday, 17 Aug 2018 

Aug 20 (Reuters) - TURKCELL ::MODIFIES PARAMETERS OF PARTICIPATING CURRENCY SWAP TRANSACTION FOR THE 10-YEAR LOAN WITH THE AMOUNT OF EUR500 MILLION FROM CHINA DEVELOPMENT BANK.ACCORDINGLY, HAS FIXED ANNUAL INTEREST RATE OF EUR500 MILLION LOAN TO 10.1% UNTIL OCTOBER 2018, AND TO 10.98% AFTER OCTOBER 2018 UNTIL MATURITY DATE.INCREASES THE PROTECTION LEVELS OF THE SWAP TRANSACTION.THERE HAVE BEEN NO CHANGES TO THE MATURITY OF THE LOAN AND THE SWAP TRANSACTION WHICH ARE BOTH 2025.  Full Article

Turkcell Increases 2018 Revenue Guidance To 16%-18% - CEO Terzioglu
Wednesday, 25 Jul 2018 

July 25 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::INCREASES 2018 REVENUE GUIDANCE TO 16%-18% FROM 14%-16%.  Full Article

Turkcell Q2 Net Profit Falls To 415.1 Mln Lira YoY
Wednesday, 25 Jul 2018 

July 25 (Reuters) - TURKCELL ILETISIM HIZMETLERI AS ::Q2 NET PROFIT OF 415.1 MILLION LIRA VERSUS 704.1 MILLION LIRA YEAR AGO.Q2 REVENUE OF 4.87 BILLION LIRA VERSUS 4.17 BILLION LIRA YEAR AGO.  Full Article

Deals of the day-Mergers and acquisitions

Dec 12 The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday: