Turkcell Iletisim Hizmetleri A.S. Sponsored ADR Aktie News

Turkcell is a leading telecommunications provider in Turkey. Turkcell's stock has performed well, returning nearly 25% since I raised it to a buy rating in November, as it has been able to navigate the hyperinflationary environment. Looking forward, as long as the company continues to reprice its services at a faster pace than inflation, margins and earnings should continue to expand, driving s...

Turkcell Iletisim Hizmetleri A.S. (TKC) Q4 2023 Earnings Call Transcript

ISTANBUL--(BUSINESS WIRE)--Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) (BIST:TCELL): Please note that all financial data is consolidated and comprises that of Turkcell Iletisim Hizmetleri A.S. (the “Company”, or “Turkcell”) and its subsidiaries and associates (together referred to as the “Group”), unless otherwise stated. We have four reporting segments: "Turkcell Türkiye" which comprises our ...

FALLS CHURCH, Va.--(BUSINESS WIRE)-- #Space--Lynk Global, Inc. (Lynk), the world's leading satellite-direct-to-mobile-phone (Sat2Phone) telecoms provider, and Turkcell (NYSE: TKC), the largest mobile operator in Turkiye, jointly announced the contract signing starting initial Sat2Phone services utilizing Lynk's "cell-towers-in-space." This collaboration is anticipated to complement network resi...

This bull market has been quite selective, with a bifurcation building in the market. Mega-cap technology stocks have outperformed, with many cheap stocks still seeing relative underperformance in terms of the proportionate share of market gains seen in recent months.

Turkcell has shown potential to absorb additional inflation impacts without significantly affecting its financial health. New, higher-margin businesses like digital services and payment services are growing faster than its core business. Under three DCF scenarios considering different margin outcomes, the price targets for Turkcell range from $5.50 to $6.20.

Turkcell has successfully managed its business in the face of high and persistent inflation in Turkey. The company's Q3/2023 financial results showed revenue growth exceeding inflation, leading to margin expansion and a surge in earnings. Turkcell's valuation appears cheap compared to the Communications Sector, but macro risks in the Turkish economy remain.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC ) Q3 2023 Results Conference Call November 7, 2023 12:00 PM ET Company Participants Ozlem Yardim - IR Ali Taha Koc - CEO Kamil Kalyon - CFO Conference Call Participants Kayahan Demirak - AK Investment Nagy Nora - Erste Group Bank AG Murat Ignebekçili - HSBC Operator Ladies and gentlemen, thank you for standing by.