Turkcell

Turks spend $13.3 billion on telecommunications

Turks spent more than 35.5 billion Turkish Liras ($13.3 billion) on telecommunications last year, up from 32.2 billion liras ($12.2 billion) in 2013, according to a report released by the Information and Communications Technologies Authority (BTK) on March 27.

Over 80 percent of the amount spent went on Turkey's top four telecommunication companies, the report stated.

Turkish mobile operator Turkcell to distribute 4 billion lira dividends, shareholder says

TeliaSonera and the other shareholders in Turkcell Holding have agreed to propose to the General Assembly meeting of Turkcell that the largest mobile company in Turkey will distribute dividends, which is calculated at around 4 billion Turkish Liras.

Turkcell’s story becomes a Harvard Business School case study

Turkey’s leading telecommunications and technology company Turkcell has joined a select group of international companies that have inspired Harvard Business School case studies.

The case study on Turkcell has recently been published and will initially be taught on the school’s MBA program as a part of the required curriculum.

Turkish assets weaken after manufacturing index drops to 5-year low

Turkish assets has sunk after a survey showed a contraction in the country’s manufacturing sector in July, with the index at its lowest in more than five years.

The dolar/lira ratio surpassed 2.15 level in the afternoon trading, touching its highest level in one-and-a-half-month, as the lira continued to slip against the U.S. currency.

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