Turkcell Iletisim Hizmetleri As (TKC) has released an update.
Turkcell Iletisim Hizmetleri A.S. has announced a significant capital increase for its wholly-owned subsidiary, Turktell Bilisim Servisleri A.S., amounting to TRY 5 billion. This capital boost raises Turktell’s total capital to TRY 7.97 billion, with Turkcell fully exercising its pre-emptive rights and paying a quarter of the capital upfront. The remainder is to be paid within the next 24 months, showcasing Turkcell’s commitment to strengthening its subsidiary’s financial foundation.
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