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Company profile

TURKCELL ILETISIM HIZMETLERI A S

Updated

Overview

Turkcell İletişim Hizmetleri A.Ş. is a Türkiye-based telecommunications and technology company. Its core businesses include mobile and fixed voice and data services, broadband, digital services, digital business solutions and techfin; it also provides television services and operates a fiber network.[1]

Formed in 1993 and beginning operations in 1994 as Türkiye’s first GSM operator, Turkcell serves customers primarily in Türkiye, with subscribers also in Belarus and the Turkish Republic of Northern Cyprus. The Group reported 46.2 million subscribers at the end of 2025 and revenue of approximately TRY 241.5 billion for 2025.[4]

The company describes its vision as “Superior digital services for a better future” and its mission as supporting customers’ digitalization journeys and enriching lives.[7] [1]

Products & services

Turkcell’s consumer digital services include BiP, a messaging and communications platform offering HD voice and video calls, disappearing messages, translation in more than 100 languages, money transfers, channels and emergency-location alerts; TV+, a multi-screen television service with more than 150 channels, live pause and rewind, cloud recording and up to 4K viewing; and fizy, an audio platform for music, podcasts, videos, audiobooks and radio, with premium plans offering offline listening and ad-free playback.[8] lifebox provides cloud storage, automatic syncing and file sharing, while GAME+ combines GeForce NOW cloud gaming with Ubisoft+ subscriptions.[11][12]

Paycell offers consumer and merchant financial services including a mobile wallet, carrier billing and Pay Later, bill payments, transfers, QR payments, open banking, virtual and physical prepaid cards, and merchant POS services. Turkcell also offers Mobile Signature, which uses SIM-based public-key infrastructure to sign electronic documents and transactions with legal equivalence to a handwritten signature.[13]

Connectivity and business offerings include fiber and resold fixed broadband over fiber, DSL/ADSL and cable networks, with TV+ IPTV available alongside broadband. Turkcell’s enterprise services include cloud and data-center services—such as colocation, virtual servers, backup, disaster recovery and Kubernetes-as-a-Service—as well as connectivity, security, systems integration and managed services.[16] The 2025 report gives revenue by segment rather than by individual product: Turkcell Türkiye represented approximately 90.8% of consolidated revenue, Techfin 5.2% and Other 4.1%; it does not provide product-level revenue percentages in the reviewed disclosure.[22] [8]

Geographic presence

Turkcell’s FY2025 report describes a fiber network connecting cities across Türkiye. FTTH/homepass coverage reached 30 cities and 6.3 million premises; partnerships extended service to more than 5 million additional households, with total coverage reported in 81 cities.[23]

The company’s subsidiaries are incorporated in Türkiye, Belarus, the Netherlands, the Turkish Republic of Northern Cyprus (TRNC), Ukraine and Germany. Its FY2024 report identified 72 facilities, including network data centers: 65 in Türkiye and the remainder in the TRNC. Istanbul facilities included its headquarters, switching centers, data centers, customer-service offices and warehouses.[24][25] [23]

Business segments

Turkcell’s FY2025 reportable segments are **Turkcell Türkiye, Techfin, and Other**; the company revised its segment structure during 2025 and re-presented comparative information.[26]

**Turkcell Türkiye** covers mobile, fixed-line, and digital-services operations in Türkiye, including data center and cloud services. It contributed 91.2% of Group revenue in 2025.[27] **Techfin** comprises financial-services businesses in and outside Türkiye, including Financell, Paycell, and Turkcell Dijital Sigorta; it contributed 5.7% of Group revenue.[28] **Other** mainly includes telecom, digital-services, and energy activities outside Türkiye. Its reported contribution was 5.9% before eliminations, or 3.1% net of eliminations.[28]

The former **Turkcell International** segment was discontinued after the sale of the Ukrainian operations; remaining activities were reclassified into other segments.[26] [26]

Company history

Turkcell was incorporated in 1993 and began GSM mobile operations in February 1994. It signed a 25-year GSM license agreement with Türkiye’s Ministry of Transportation in 1998, and its shares began trading on the Istanbul and New York stock exchanges in 2000.[29][30]

The company expanded outside Türkiye in the 2000s, including the launch of GSM service in Ukraine in 2005 and its acquisition of an 80% stake in Belarusian operator BeST in 2008. It launched 3G in Türkiye in 2009 and LTE-Advanced, marketed as 4.5G, in 2016.[30][31]

Turkcell completed the sale of its 41.45% stake in Fintur in 2019, and Türkiye Wealth Fund acquired control of the company in 2020. The company agreed to sell its Ukrainian businesses in 2023 and completed the transfer in September 2024. Turkcell announced the commercial launch of 5G service in Türkiye on April 1, 2026.[32] [31]

Sources

  • TURKCELL ILETISIM HIZMETLERI A S — Full financial report (2025 Y)
    27 citations
  • www.turkcell.com.tr[7]
  • TURKCELL ILETISIM HIZMETLERI A S — Full financial report (2024 Y)[25]
  • sec.gov[29]
  • www.turkcell.com.tr[30]
  • www.sec.gov[32]
  • www.tvf.com.tr[33]
  • www.sec.gov[34]
  • medya.turkcell.com.tr[35]

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