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Turkcell

Turkcell İletişim Hizmetleri A.Ş.
Anonim şirket
Traded as BİST: TCELL
TKC
Industry Telecommunications
Founded 1994
Founder Mehmet Emin Karamehmet Murat Vargı
Headquarters Istanbul, Turkey
Area served
Worldwide
Key people
Ahmet Akça (Chairman)
Kaan Terzioğlu (CEO)
Products Mobile telephony & Internet services
Revenue IncreaseTurkish lira symbol 8x10px.png 9.370 billion (2011)
DecreaseTurkish lira symbol 8x10px.png 1.108 billion (2011)
DecreaseTurkish lira symbol 8x10px.png 1.140 billion (2011)
Total assets IncreaseTurkish lira symbol 8x10px.png 17.147 billion (2011)
Total equity IncreaseTurkish lira symbol 8x10px.png 10.793 billion (2011)
Number of employees
12,834 (2011)
Divisions
Subsidiaries
Website www.turkcell.com.tr

Turkcell (BİST: TCELL, : TKC) is the leading mobile phone operator of Turkey, based in Istanbul. The company has 34.4 million subscribers as of September 30, 2011.

In February 1994, Turkcell started Turkey's first GSM network. In Q3 2012, it had a market share of 52,4%. Its competitors were Vodafone with a market share of 27,9% and Avea with a market share of 19,7%.

Turkcell is the first Turkish company to be listed on the , where its shares have been traded since July 11, 2000 along with trading on the .

Turkcell's shareholder structure is as follows: 51% is held by Turkcell Holding A.Ş., 0.05% by Çukurova Holding A.Ş., 13.07% by Sonera Holding B.V., 1.18% by MV Holding A.Ş., and the free float is 34.7%. As of December 2011, Sonera Holding and Cukurova Group, directly and indirectly, own approximately 37.1% and 13.8%, respectively of Turkcell’s share capital. Çukurova Group agreed to sell a large stake to TeliaSonera in March 2005. They have since then been debating whether this agreement is binding. In August 2009 the International Chamber of Commerce issued an award stating that Çukurova must deliver all the remaining shares in Turkcell Holding to TeliaSonera.

Turkcell also provides GSM services internationally. It has 9.6 million subscribers via Fintur Holdings and its affiliates in partnership with TeliaSonera in Azerbaijan, Kazakhstan, Georgia and Moldova, as of September 30, 2007. Turkcell's Ukrainian wholly owned business Astelit has 13.6 million subscribers. In 2009 they were the first company to get 3G services for their customers in Turkey.


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