TKC

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.

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%.