Turkcell Iletisim ( (TKC) ) has issued an update.
On March 25, 2025, Turkcell Iletisim Hizmetleri A.S. announced a capital increase for its wholly-owned subsidiary, Turktell Bilişim Servisleri A.Ş. The capital was increased by TRY 2,350,000,000, bringing the total to TRY 20,220,306,252, with Turkcell fully exercising its pre-emption rights. This move is expected to strengthen Turktell’s financial position and enhance its operational capabilities, potentially impacting Turkcell’s market positioning positively.
More about Turkcell Iletisim
Turkcell Iletisim Hizmetleri A.S. is a leading telecommunications company based in Istanbul, Turkey. It provides a wide range of services including mobile, fixed, and digital services, focusing primarily on the Turkish market.
YTD Price Performance: -7.04%
Average Trading Volume: 550,644
Technical Sentiment Signal: Sell
Current Market Cap: $5.14B
For an in-depth examination of TKC stock, go to TipRanks’ Stock Analysis page.