Investing In Türk Telekom

Türk Telekom Group is Turkey's world-class, first and largest integrated telecom operator offering its customers the complete range of mobile, broadband, data, TV and fixed voice services as well as innovative convergence technologies. Türk Telekom continues to provide value to Turkey with “accessible communication for all” principle throughout its more than 180 years of history, while making its stakeholders feel they are esteemed.

Shaping its operations in line with its “Not just for some, but for everyone” service approach, Türk Telekom is committed to delivering the most recent and advanced communication technologies with the best in class customer experience to all its subscribers; from a single person living in the most remote part of the country to crowded families; from the smallest companies to the largest enterprises.

Türk Telekom Group Companies provide services in all 81 provinces of Turkey with the vision of introducing new technologies to Turkey and accelerating Turkey’s transformation into an information society. Turkey is one of the largest telecom markets in EMEA region with about 85 million growing population and increasing number of households.

Türk Telekom privatized in 2005 and IPO'ed in 2008, underwent a successful transformation resulting in increased efficiency and enlarged scope of services.

In 2015, Türk Telekom adopted a “customer-oriented” and integrated structure in order to respond to the rapidly changing communication and technology needs of customers in the most powerful and accurate way. Having a wide service network and product range in the fields of individual and corporate services, Türk Telekom unified its mobile, internet, phone and TV products and services under the single “Türk Telekom” brand as of January 2016.

In line with its vision of enriching the business and lives of its customers and strengthening its position of being Turkey’s leading communication infrastructure and solution provider by doing the best in every field, Türk Telekom defines its strategic goals around two main focus areas in terms of growth and efficiency in core and non-core telco activities.

Türk Telekom aims to increase internet penetration through its strategy of expanding the fixed broadband market. In the mobile market, it aims to increase its subscriber and revenue market share with its synergy offerings through its strong fiber cable infrastructure and its range of mobile frequencies, and its wireless household synergy offers.  The Company also aims to increase the penetration rate in the Pay TV market with its extensive investments in fixed broadband, extensive platform options such as IPTV, satellite and Web/Smart TV, and an extensive range of content.

The expansion of the fiber infrastructure is important for the development of the country and the industry, and also for supporting 5G and next generation technologies. Therefore, as the leading telecommunications company which establishes and develops Turkey’s communication backbone, Türk Telekom approaches the development of the fiber infrastructure with a special sensitivity. For the last 10 years, Türk Telekom have accelerated the expansion of its fiber network, a process which will contribute to Turkey’s digital transformation and provide the fixed infrastructure for 5G technology.

Additionally, Türk Telekom continues to work on fixed and mobile infrastructure sharing models. Given that network density is expected to increase with the rollout of 5G, the widespread use of infrastructure sharing models will pave the way for a decrease in investment costs and provide better quality and appropriate service to the end user. Türk Telekom also aims to be the preferred fixed infrastructure provider for mobile operators before the rollout of 5G.

Türk Telekom continues to produce value by offering customized solutions to its customers with Group companies, each positioned in the most suitable fields. The Company has undertaken a pioneering role with Türk Telekom International - international wholesale data, voice and roaming services with about 48 thousand kms of own fiber network; İnnova - leading software developer and system integrator providing ICT consulting, design, application development, integration and support services; Argela - R&D innovation company focusing on the next generation telecom technologies; Sebit - leading and largest e-educational technologies company with over 30 years of R&D experience; AssisTT - strategic partner for leading private enterprises and public institutions while providing call center and value-added services; Türk Telekom Ödeme Hizmetleri - payment solutions services with a strong position in direct operator billing and holding electronic money license; and TT Ventures -  with focus on investing in early-stage and scale-up companies primarily in healthcare, energy and education verticals, as well as opportunistic horizontals.

60% of Türk Telekom shares belongs to Türkiye Wealth Fund, 25% belongs to Republic of Turkey Ministry of Treasury and Finance. The remaining 15% is publicly traded. Türk Telekom shares are listed in Borsa Istanbul (BIST) since May 2008.

Note: Türkiye Wealth Fund has 1.68% share in free float.

About Türk Telekom Group

Türk Telekom, with more than 180 years of history, is the first integrated telecommunications operator in Turkey. In 2015, Türk Telekomünikasyon A.Ş. adopted a “customer-oriented” and integrated structure in order to respond to the rapidly changing communication and technology needs of customers in the most powerful and accurate way, while maintaining the legal entities of TT Mobil İletişim Hizmetleri A.Ş. and TTNET A.Ş. intact and adhering to the rules and regulations to which they are subject. Having a wide service network and product range in the fields of individual and corporate services, Türk Telekom unified its mobile, internet, phone and TV products and services under the single “Türk Telekom” brand as of January 2016.

“Türkiye’s Multiplay Provider” Türk Telekom has 17.4 million fixed access lines, 15.1 million fixed broadband, 26.1 million mobile and 2.9 million TV subscribers as of September 30, 2023. Türk Telekom Group Companies provide services in all 81 cities of Türkiye with 37,638 employees with the vision of introducing new technologies to Türkiye and accelerating Türkiye’s transformation into an information society.

Türk Telekomünikasyon A.Ş., providing PSTN and wholesale broadband services, directly owns 100% of mobile operator TT Mobil İletişim Hizmetleri A.Ş., retail internet services, IPTV, satellite TV, Web TV, Mobile TV, Smart TV services provider TTNET A.Ş., convergence technologies company Argela Yazılım ve Bilişim Teknolojileri A.Ş., IT solution provider İnnova Bilişim Çözümleri A.Ş., online education software company SEBİT Eğitim ve Bilgi Teknolojileri A.Ş., call centre company AssisTT Rehberlik ve Müşteri Hizmetleri A.Ş., project development and corporate venture capital company TT Ventures Proje Geliştirme A.Ş, Electric Supply and Sales Company TTES Elektrik Tedarik Satış A.Ş., provider of combined facilities support activities TT Destek Hizmetleri A.Ş. with TT International Holding BV, wholesale data and capacity service provider TT International Telekomünikasyon Sanayi ve Ticaret Ltd.Şti., and financial technology company TTG Finansal Teknolojileri A.Ş. and indirectly owns 100% of Consumer Finance Company TT Finansman A.Ş, software programs retail and wholesale company TT Ventures Inc, subsidiaries of TT International Holding BV, TV Broadcasting and VOD services provider Net Ekran Companies, telecommunications devices sales company TT Satış ve Dağıtım Hizmetleri A.Ş and payment and e-money services company TT Ödeme ve Elektronik Para Hizmetleri A.Ş., and web portal and computer programming company APPYAP Teknoloji ve Bilişim A.Ş.