Overview
TURK TELEKOM
Türk Telekomünikasyon is a leading telecommunications services provider in Turkey. With a network infrastructure that covers the country, the group's subsidiaries offer fixed-line, mobile, data, and Internet services, as well as convergence technologies to residential and commercial customers. All told, the company has more than 15 million fixed lines, nearly 13 million ADSL (high-speed data transmission) connections, and more than 23 million mobile
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Read More subscribers. Services for large corporations, small businesses, and public sector enterprises include digital and network services, business internet, information technologies and internet of things. About 55% owned by LYY Telekomünikasyon A.Ş.
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Read More subscribers. Services for large corporations, small businesses, and public sector enterprises include digital and network services, business internet, information technologies and internet of things. About 55% owned by LYY Telekomünikasyon A.Ş.
Read Less
Ismail Ilhan Hatipoglu
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All Other Telecommunications
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Telecommunications
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Information
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Communication services, nec
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers
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Motion Picture and Video Industries
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Newspaper, Periodical, Book, and Directory Publishers
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Radio and Television Broadcasting Stations
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Satellite Telecommunications
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Software Publishers
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Sound Recording Industries
View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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Actual
$4.66 billion
Actual
11.76%
-64.33%
$270,256
DEC
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Istanbul:TTKOM
Contacts
Get in Touch with 12 Principals*
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Ismail Ilhan HatipogluChairperson
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$4.66 billion
USD
Actual
1 USD = 34.6524 TRY
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $1,570 | $1,216 | $920 |
| Net Investing Cash | -$1,133 | -$1,043 | -$841 |
| Net Financing Cash | -$609 | $281 | -$194 |
| Net Change in Cash | -$171 | $453 | -$115 |
| Cash at Beginning of Period | $440 | $237 | $496 |
| Cash at End of Period | $179 | $440 | $164 |
| Capital Expenditure | -$1,162 | -$1,071 | -$692 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $217 | $566 | $244 |
| Accounts Receivable | $631 | $556 | $416 |
| Inventories | $79 | $55 | $40 |
| Other Current Assets | $789 | $833 | $568 |
| Asset Summary | |||
| Total Current Assets | $1,716 | $2,010 | $1,268 |
| Tangible Fixed Assets | $3,534 | $3,399 | $2,357 |
| Intangible Assets | $2,409 | $2,286 | $1,681 |
| Total Assets | $270,257 | $281,136 | $187,304 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $489 | $531 | $411 |
| Short-Term Debt | $722 | $1,354 | $556 |
| Other Current Liabilities | $653 | $472 | $295 |
| Liability Summary | |||
| Total Current Liabilities | $1,864 | $2,357 | $1,262 |
| Long-Term Debt | $1,193 | $1,312 | $1,365 |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $3,583 | $4,018 | $3,074 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $101 | $101 | $101 |
| Retained Earnings | $1,982 | $1,902 | $849 |
| Equity Summary | |||
| Total Equity | $4,216 | $4,095 | $2,331 |
| Shares Outstanding | 3,500,000,000 | 3,500,000,000 | 3,500,000,000 |