Turkcell

Net profits of Turkish mobile network giant Turkcell rose to 2.48 billion Turkish Liras (around $679.45 million) in 2017, soaring 52.3 percent year-on-year, the company’s CEO said on Feb. 16.

Mobile phone owners in Romania and Turkey will soon be able to use a 5G network.

The two Balkan countries are actively working with the South Korean giant Samsung in high technology. In Romania Orange Mobile subscribers will be able to use 5G, and Turkcell in Turkey.

According to Kaan Terzioğlu, CEO of Turkey’s leading mobile phone operator Turkcell, connectivity is a key concern for refugees. The first thing a refugee wants at a camp is the Wi-Fi password in an effort to connect with the people they have left behind, said Terzioğlu.

Leading Turkish mobile phone operator Turkcell sees the potential to double its user count and data consumption in the next 2-3 years as it looks to maintain sales growth above the rate of inflation, its chief executive Kaan Terzioğlu told Reuters.

The U.N. Global Compact platform has named leading Turkish mobile phone operator Turkcell's CEO Kaan Terzioğlu as one of the 10 Sustainable Development Goal pioneers over the company's Hello Hope mobile app for Syrian refugees, Turkcell announced on Sept. 22.      

Scandinavian Telia AB has sold about 1.78 billion Turkish liras ($508 million) worth of stock in Turkey's largest mobile operator,  Turkcell İletişim,  in order to focus on its operations in the Nordics and Baltics.

Stockholm-based Telia agreed to sell 153.5 million Turkcell shares - its 7 percent direct stake - to institutional investors, the company said in a statement on Sept 19.

For the first time since the July 15, 2016, failed coup, I spent a full nine-day cut off from what's been going on in Turkey. This was not the first time. Together with a group of very close friends, who have become closer than family members to us, we were on a cruise tour in western Mediterranean.

Romania's oldest online travel agency Paravion.ro will undergo restructuring and shut its Turkish unit Bavul due to security issues in Turkey and currency depreciation, it said on Aug. 7.

Paravion took over online tourism platform Bavul, which has about 300,000 users, from Turkish mobile operator Turkcell in 2015.

Turkish mobile operator Turkcell said on June 1 a $4.2 billion lawsuit against South Africa's MTN over a disputed Iran license would be heard in a South African court after years of delays.

Turkey's largest mobile phone operator Turkcell's annual general meeting on May 25 approved the distribution of a three billion lira ($841 million) dividend, a company official has told Reuters.

The company stated on May 24 that shareholders of Turkcell Holding, which holds 51 percent of Turkcell, agreed to propose the three billion lira dividend.