Turkcell Iletisim Hizmetleri As (TKC) has disclosed a new risk, in the Natural and Human Disruptions category.
Turkcell Iletisim Hizmetleri As faces significant business risks due to its main operations being in Turkiye, an area prone to natural disasters such as earthquakes. The Southeastern Turkiye Earthquakes in February 2023 underscored the vulnerability of its infrastructure and the potential for substantial service disruptions and financial losses. The subsequent investigation revealing possible regulatory non-compliance adds to the risk of material fines, compounding potential operational challenges and reputational damage. These events highlight the precarious nature of Turkcell’s continuity in disaster-prone zones and the broader economic implications for its financial stability.
Overall, Wall Street has a Moderate Buy consensus rating on TKC stock based on 1 Buy.
To learn more about Turkcell Iletisim Hizmetleri As’ risk factors, click here.
