Turkcell Iletisim Hizmetleri A.S. (TKC) Q2 2025 Earnings Conference Call Transcript
Earnings Call Overview: Turkcell held its Q2 2025 earnings conference call on August 13, 2025, where CEO Ali Taha Koc and CFO Kamil Kalyon discussed the company's financial results, highlighting a 12% year-on-year growth in revenue reaching TRY 53 billion, driven by strong ARPU performance and an increase in postpaid mobile subscribers.
Key Participants: The call included contributions from Investor Relations Director Ozlem Yardim and various analysts from investment firms, emphasizing the importance of the financial results and the company's operational performance.
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TURKCELL APPROVES SUBSIDIARY TURKCELL ODEME TO ISSUE LEASE CERTIFICATES WORTH UP TO 3 BILLION LIRA BASED ON MANAGEMENT AGREEMENT
Decision on Subsidiary Management: Turkcell has decided to issue management agreements based on lease certificates for its subsidiary, Turkcell Odememey, which is a significant move in its operational strategy.
Financial Implications: The agreements will allow Turkcell to raise up to 3 billion Turkish Lira, indicating a substantial financial maneuver aimed at bolstering its resources.
Analysts Upgrade Earnings Outlook for Communication Services, Angel Studios and Others Rated A+
- Earnings Upgrades: As earnings season approaches, analysts have positively revised earnings expectations for communication services companies, with Angel Studios (ANGX) receiving an A+ EPS Revision Grade, indicating growing market confidence in its near-term performance.
- Strong Small-Cap Performance: EverQuote (EVER), Grindr (GRND), and ZoomInfo Technologies (GTM) also achieved A+ EPS Revision Grades, suggesting that these mid- and small-cap communication services firms possess robust growth potential, likely attracting increased investor interest.
- Increased Market Confidence: IHS Holding (IHS), JOYY (JOYY), and Manchester United (MANU) also received A+ EPS Revision Grades, reflecting analysts' optimistic outlook on their profitability and market performance, which may drive their stock prices higher.
- Positive Industry Outlook: Turkcell Iletisim Hizmetleri (TKC), Uniti Group (UNIT), and Anterix (ATEX) also excelled in EPS Revision Grades, highlighting the growth potential within the communication services sector, presenting investment opportunities for investors to consider.
Turkcell and Google Sign $1 Billion Agreement for Cloud and AI Infrastructure
Partnership Announcement: Turkcell has entered a strategic multi-year partnership with Google Cloud to launch a new cloud region in Türkiye, enhancing digital infrastructure and capabilities in the region.
Investment and Innovation: Turkcell plans to invest $1 billion in data centers and cloud technologies, aiming to accelerate digital transformation and foster AI-driven innovation for local enterprises.
Service Enhancements: The new cloud region will provide high-performance services such as data analytics and cybersecurity, improving efficiency and innovation for local organizations.
Financial Performance: Turkcell reported a third-quarter EPS increase to 6 cents and sales growth to $1.459 billion, reflecting positive financial momentum despite market fluctuations.
Turkcell Forms Strategic Alliance with Google Cloud to Launch a Google Cloud Region in Turkey.
Strategic Partnership Announcement: Turkcell has formed a significant multi-year partnership with Google Cloud to establish a new cloud region in Türkiye, aimed at enhancing digital transformation and cloud innovation in the region.
Investment and Infrastructure Development: The partnership includes a $1 billion investment by Turkcell in data centers and cloud technologies, which will improve local organizations' access to advanced data analytics, cybersecurity, and digital business solutions.
Economic Impact and Growth Projections: The collaboration is expected to catalyze Türkiye's public cloud services market, projected to grow from $1.7 billion in 2024 to $4.2 billion by 2029, thereby strengthening the local digital ecosystem and fostering innovation.
Commitment to Digital Sovereignty: The partnership reflects a commitment to enhancing Türkiye's digital sovereignty and positioning the country as a regional hub for technology and sustainable growth, aligning national vision with global technological advancements.
Turkcell Iletisim Hizmetleri A.S. Reports Third Quarter Results for 2025
Financial Performance: Turkcell reported a year-on-year revenue increase of 11.2% in Q3 2025, reaching TRY 59.5 billion, driven by strong growth in both the mobile and Techfin segments, with EBITDA rising by 10.5% to TRY 26.2 billion.
5G Spectrum Acquisition: The company secured 160 MHz of spectrum in a recent 5G tender, enhancing its capacity to deliver high-speed connectivity and reaffirming its leadership in the mobile sector.
Subscriber Growth: Turkcell's mobile subscriber base exceeded 39 million, with a notable increase in postpaid subscribers, which now account for 79% of the total, reflecting successful upselling strategies and targeted price adjustments.
Revised Guidance: Following strong performance in the first nine months of 2025, Turkcell has revised its revenue growth forecast upwards to around 10% and updated its EBITDA margin target to between 42% and 43%.
Turkcell Achieves Top Ranking in ESG Among Global Telecom Operators
Turkcell's ESG Leadership: Turkcell has been recognized as the global leader in ESG sustainability ratings by the London Stock Exchange Group, achieving the highest score among 286 telecom companies worldwide, reflecting its commitment to sustainability and strong financial performance.
Renewable Energy Initiatives: The company meets all its electricity needs from 100% renewable sources and has achieved carbon-neutral operations, with ongoing investments in renewable energy, including the commissioning of its fifth solar power plant.
TURKCELL APPROVES SUBSIDIARY TURKCELL ODEME TO ISSUE LEASE CERTIFICATES WORTH UP TO 3 BILLION LIRA BASED ON MANAGEMENT AGREEMENT
Decision on Subsidiary Management: Turkcell has decided to issue management agreements based on lease certificates for its subsidiary, Turkcell Odememey, which is a significant move in its operational strategy.
Financial Implications: The agreements will allow Turkcell to raise up to 3 billion Turkish Lira, indicating a substantial financial maneuver aimed at bolstering its resources.
Analysts Upgrade Earnings Outlook for Communication Services, Angel Studios and Others Rated A+
- Earnings Upgrades: As earnings season approaches, analysts have positively revised earnings expectations for communication services companies, with Angel Studios (ANGX) receiving an A+ EPS Revision Grade, indicating growing market confidence in its near-term performance.
- Strong Small-Cap Performance: EverQuote (EVER), Grindr (GRND), and ZoomInfo Technologies (GTM) also achieved A+ EPS Revision Grades, suggesting that these mid- and small-cap communication services firms possess robust growth potential, likely attracting increased investor interest.
- Increased Market Confidence: IHS Holding (IHS), JOYY (JOYY), and Manchester United (MANU) also received A+ EPS Revision Grades, reflecting analysts' optimistic outlook on their profitability and market performance, which may drive their stock prices higher.
- Positive Industry Outlook: Turkcell Iletisim Hizmetleri (TKC), Uniti Group (UNIT), and Anterix (ATEX) also excelled in EPS Revision Grades, highlighting the growth potential within the communication services sector, presenting investment opportunities for investors to consider.
Turkcell and Google Sign $1 Billion Agreement for Cloud and AI Infrastructure
Partnership Announcement: Turkcell has entered a strategic multi-year partnership with Google Cloud to launch a new cloud region in Türkiye, enhancing digital infrastructure and capabilities in the region.
Investment and Innovation: Turkcell plans to invest $1 billion in data centers and cloud technologies, aiming to accelerate digital transformation and foster AI-driven innovation for local enterprises.
Service Enhancements: The new cloud region will provide high-performance services such as data analytics and cybersecurity, improving efficiency and innovation for local organizations.
Financial Performance: Turkcell reported a third-quarter EPS increase to 6 cents and sales growth to $1.459 billion, reflecting positive financial momentum despite market fluctuations.
Turkcell Forms Strategic Alliance with Google Cloud to Launch a Google Cloud Region in Turkey.
Strategic Partnership Announcement: Turkcell has formed a significant multi-year partnership with Google Cloud to establish a new cloud region in Türkiye, aimed at enhancing digital transformation and cloud innovation in the region.
Investment and Infrastructure Development: The partnership includes a $1 billion investment by Turkcell in data centers and cloud technologies, which will improve local organizations' access to advanced data analytics, cybersecurity, and digital business solutions.
Economic Impact and Growth Projections: The collaboration is expected to catalyze Türkiye's public cloud services market, projected to grow from $1.7 billion in 2024 to $4.2 billion by 2029, thereby strengthening the local digital ecosystem and fostering innovation.
Commitment to Digital Sovereignty: The partnership reflects a commitment to enhancing Türkiye's digital sovereignty and positioning the country as a regional hub for technology and sustainable growth, aligning national vision with global technological advancements.
Turkcell Iletisim Hizmetleri A.S. Reports Third Quarter Results for 2025
Financial Performance: Turkcell reported a year-on-year revenue increase of 11.2% in Q3 2025, reaching TRY 59.5 billion, driven by strong growth in both the mobile and Techfin segments, with EBITDA rising by 10.5% to TRY 26.2 billion.
5G Spectrum Acquisition: The company secured 160 MHz of spectrum in a recent 5G tender, enhancing its capacity to deliver high-speed connectivity and reaffirming its leadership in the mobile sector.
Subscriber Growth: Turkcell's mobile subscriber base exceeded 39 million, with a notable increase in postpaid subscribers, which now account for 79% of the total, reflecting successful upselling strategies and targeted price adjustments.
Revised Guidance: Following strong performance in the first nine months of 2025, Turkcell has revised its revenue growth forecast upwards to around 10% and updated its EBITDA margin target to between 42% and 43%.
Turkcell Achieves Top Ranking in ESG Among Global Telecom Operators
Turkcell's ESG Leadership: Turkcell has been recognized as the global leader in ESG sustainability ratings by the London Stock Exchange Group, achieving the highest score among 286 telecom companies worldwide, reflecting its commitment to sustainability and strong financial performance.
Renewable Energy Initiatives: The company meets all its electricity needs from 100% renewable sources and has achieved carbon-neutral operations, with ongoing investments in renewable energy, including the commissioning of its fifth solar power plant.
