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Türk Telekom

#2872

Rank

$4.55B

Marketcap

TR Turkey

Country

Türk Telekom
Leadership team

Mr. Ümit Önal (CEO, Director, GM and Acting Assistant GM of Marketing & Customer Care)

Mr. Kaan Aktan (Assistant Gen. Mang. of Fin.)

Mr. Yusuf Kiraç (Assistant Gen. Mang. of Technology)

Products/ Services
Digital Media, Information Services, Information Technology, Public Relations, Telecommunications
Number of Employees
20,000 - 50,000
Headquarters
Ankara, Ankara, Turkey
Established
1839
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
TTKOM.IS
Social Media
Overview
Location
Summary
Türk Telekomünikasyon Anonim Sirketi, together with its subsidiaries, provides integrated telecommunication services in Turkey. The company operates in two segments, Fixed Line and Mobile. It offers mobile, internet, phone and TV products and services under Türk Telekom brand name. The company also provides PSTN and wholesale broadband services; retail internet services, IPTV, satellite TV, Web TV, mobile TV, and smart TV services; IT solutions; convergence technologies; online education software; project development and corporate venture capital services; and wholesale data and capacity services. In addition, it offers TV Broadcasting and VOD services; telecommunications devices sales; payment and e-money services; and web portal and computer programming services. Further, the company provides call center, electric supply and sales, facilities support, and counselling services. As of December 31, 2021, it had 16.9 million fixed access lines; 14.3 million broadband; 2.9 million TV; and 24.0 million mobile subscribers in 81 cities. The company was founded in 1840 and is headquartered in Ankara, Turkey. Türk Telekomünikasyon Anonim Sirketi is a subsidiary of LYY Telekomünikasyon A.S.
History

1994, February 23, Turkey met with GSM technology. GSM was put into service firstly for its subscribers in Ankara, ?stanbul, and ?zmir.

1995, April 24, By separating the telecommunication and postal services in PTT from each other, Türk Telekomünikasyon A.?. was founded.

1998, April 27, GSM network was transferred to the firms Turkcell and Telsim for 25 years by giving license.

1999, June, asymmetric digital subscriber line was put into service in order to provide high-speed voice and image communication on

2000, Cable Internet applications were started on cable TV.

2001

January 8, Aycell Haberlesme ve Pazarlama Hizmetleri A.S. was founded.

March 21, I?-TIM Telekomünikasyon Services Inc. started to operate with the commercial name of ARIA

2004

February 19, TT&TIM Communication Services Inc., established by the merger of Türk Telekom's GSM Operator Aycell and ??-T?M, was officially founded.

October 15, The commercial name of “TT&TIM Iletisim Hizmetleri A.S.” was changed as “Avea Iletisim Hizmetleri A.S.”

July 22, Türksat A.?. was established and started operating separately from Türk Telekom.

2005, November 14, Türk Telekom's privatization was complete and 55% shares of Türk Telekom was sold to Oger Telecom's Joint Venture Group.

2006, September 15, Türk Telekom acquired ??-T?M's 40.56% share in Avea for $500 million and Türk Telekom's share in Avea increased to 81.12%.

2008, May 15, The initial public offering for 15% of Türk Telekom shares was completed and the shares started trading on the Istanbul Stock Exchange.

2009, July, Avea launches 3G services.

2018, December 22, Oger Telekom's creditors take control of Türk Telekom due to billions of dollars in unpaid debt.

2022 Turkish Wealth Fund bought %55 of the company, taken back from Oger Telekom.

Mission
To provide integrated services that are reliable, safe and secure as well as user friendly, on the most effective and efficient communication infrastructure, to create value and increase customer satisfaction.
Vision
To be the national telecommunication leader, providing the best in quality and technology while setting industry standards.
Key Team

Gulsen Ayaz (Investor Relations Director)

Süleyman Kisac (Corp. Governance and Compliance Mang.)

Mr. Tahsin Kaplan (Assistant Gen. Mang. of Legal & Regulation)

Dr. Mehmet Beytur (Assistant GM of Support Services & Procurement Management and Acting Assistant GM of HR)

Mr. Ali Gürsoy (Head of Enterprise Risk & Bus. Continuity)

Mr. Mehmet Emre Vural (Assistant Gen. Mang. of HR)

Dr. Nazif Burca (CEO Advisor)

Recognition and Awards
Türk Telekom has won several awards throughout the years, including the 'Best Employer in Turkey' Award, the Global Quality Award and the World Corporate Social Responsibility Award. It was also recognized for its sustainability efforts with the CDP 'A List' Award for 2018.
References
Türk Telekom
Leadership team

Mr. Ümit Önal (CEO, Director, GM and Acting Assistant GM of Marketing & Customer Care)

Mr. Kaan Aktan (Assistant Gen. Mang. of Fin.)

Mr. Yusuf Kiraç (Assistant Gen. Mang. of Technology)

Products/ Services
Digital Media, Information Services, Information Technology, Public Relations, Telecommunications
Number of Employees
20,000 - 50,000
Headquarters
Ankara, Ankara, Turkey
Established
1839
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
TTKOM.IS
Social Media