Financial Data and Key Metrics Changes - The company achieved an 11% revenue growth, reaching TRY 60 billion, driven primarily by the core telecommunication business [3] - Group EBITDA increased by 11% to TRY 26 billion, with a margin of 43.9% [3] - Net income from continuing operations rose by 31.8% to TRY 5.4 billion [3][14] Business Line Data and Key Metrics Changes - Mobile ARPU grew by 12%, while residential fiber ARPU increased by 17.3% year-on-year [4][8] - Data center and cloud revenues surged by 51%, with digital business services achieving a 97% revenue growth, reaching TRY 4.9 billion [9][10] - The Tekfin ecosystem, representing 6% of consolidated revenues, grew by 20% year-on-year, driven by Paycell's 42% revenue increase [10] Market Data and Key Metrics Changes - The mobile subscriber base exceeded 39 million, with 569,000 net postpaid additions in the quarter [6] - The fiber customer base grew to over 2.5 million, with a net addition of 33,000 this quarter [8] - The company expanded its fiber network with 107,000 new home passes, achieving a 42.6% take-up rate [9] Company Strategy and Development Direction - The company secured 160 megahertz of spectrum in the 5G tender, enabling speeds exceeding 1,000 megabits per second [4] - 5G will be commercially launched in April 2026, marking a new chapter in Türkiye's digital transformation [5] - The company aims to maintain a customer-centric approach, focusing on value-driven growth rather than competing solely on price [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining revenue growth and improving EBITDA margins, revising 2025 revenue growth expectations upwards to around 10% [11] - The company anticipates a competitive environment in 2026 but aims to maintain growth above inflation through strategic initiatives [29] - Management highlighted the importance of 5G in unlocking new revenue opportunities across various sectors, including automotive and government services [41] Other Important Information - The company plans to pay the second dividend installment in Q4, maintaining a dividend policy of distributing 50% of net income [22] - The cash position reached TRY 122 billion, with a net leverage ratio of 0.2 times, expected to remain below 1 times in the upcoming period [17] Q&A Session Summary Question: CapEx and dividend outlook post-5G auction - Management expects CapEx intensity to remain around 24% and confirmed a dividend policy of distributing 50% of net income [22] Question: Pricing actions during the quarter - The company adjusted prices in response to inflation and competition, achieving above-inflation mobile ARPU growth of 12% [25] Question: Net short FX position explanation - The net FX position will be assessed in January 2026, with management planning to manage it based on macroeconomic conditions [23] Question: Sustainability of revenue growth and EBITDA margins - Management believes current growth levels are sustainable, with a focus on maintaining ARPU growth through dynamic pricing strategies [29] Question: Monetary loss in Q3 versus previous quarters - The decline in monetary gain was attributed to lower inflation rates and the sale of the Ukraine business, impacting the balance sheet [33] Question: Future opportunities post-5G - The company anticipates new value-added services and opportunities with the launch of 5G, focusing on customer satisfaction and tailored plans [39]

TURKCELL GROUP Q3 2025 NOV 6, 2025 Q3 2025 BUSINESSOVERVIEW Ali Taha Koç, PhD Turkcell CEO Another quarter of robust performance… …powered by operational excellence Revenue TRY 59.5 Billion 11.2% YoY increase EBITDA TRY 26.2 Billion 10.5% YoY increase EBITDA Margin 43.9% 0.3pp YoY decrease Net Income from continuing operations TRY 5.4 Billion 31.8% YoY increase Turkcell Group: Q3 2025 Highlights Strong Results Driven by Strategic Execution Postpaid Net Add 569 K Turkcell Fiber Net Add 33 K DC & Cloud Revenu ...

Nov 6, 2025 10:28 AM Eastern Standard Time Turkcell Iletisim Hizmetleri A.S.: Third Quarter 2025 Results Share Outstanding Results Upward Guidance Revision ISTANBUL--(BUSINESS WIRE)--Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) (BIST:TCELL): NOTICE This press release contains the Company's financial information for the period ended September 30, 2025, prepared in accordance with International Financial Reporting Standards ("IFRS†) as issued by the International Accounting Standards Board ("IASB†). This ...

Group 1 - Turkcell Iletisim Hizmetleri AS (NYSE:TKC) experienced a significant share price decline of 6.26%, closing at $5.54, as investors sold off positions ahead of a government tender for 5G frequency development in Turkey [1] - The Information and Communication Technologies Authority (ICTA) is set to hold a tender on October 16 for mobile operators to provide 5G services starting in April 2026, which includes the renewal of existing licenses expiring in 2029 [2] - Turkcell has shown interest in participating in the upcoming bidding process alongside competitors Turk Telekom and Vodafone [3] Group 2 - The Turkish government plans to allocate 11 different frequency packages to operators, with a minimum total value of $2.125 billion for 400 MHz of frequency in the 700 MHz and 3.5 GHz bands [4]

Core Insights - Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) is a dividend stock that is benefiting from advancements in AI technology [1] - The company has focused over 80% of its capital expenditures on mobile and fixed networks to enhance its communication service capabilities [2] - Turkcell has a long-standing market presence, maintaining innovative offerings and disciplined expense management for the past 30 years [3] Company Overview - Turkcell Iletisim Hizmetleri A.S. is a Turkish provider of converged telecommunication and technology services, established in 1993 [4] - The company's core offerings include tower and satellite services, fixed data services, international roaming services, and voice services [4] Investment Activity - Rhumbline Advisers reduced its stake in Turkcell by 12.9%, selling 21,761 shares, and now holds 146,534 shares valued at approximately $911,000 [1]

Core Insights - Turkcell has been recognized as the global leader in ESG sustainability ratings by the London Stock Exchange Group (LSEG) [1] - The company achieved the highest ESG score among 286 telecom companies worldwide [1] - Turkcell's ranking reflects its pioneering efforts in sustainability and environmental initiatives [1] Company Summary - Turkcell is Turkey's leading communications and technology company [1] - The LSEG ESG score serves as a primary criterion for investors [1]

Group 1 - Turkcell has been named to TIME's list of World's Best Companies 2025, highlighting its recognition in the global market [1] - The evaluation covered over 200,000 participants across 50 countries, indicating a comprehensive assessment process [1] - Companies were assessed based on employee satisfaction, revenue growth, and ESG (environmental, social, and governance) performance [1]

[HIGHLIGHTS](index=4&type=section&id=HIGHLIGHTS) [Financial Highlights](index=5&type=section&id=FINANCIAL%20HIGHLIGHTS) Turkcell Group reported solid Q2 and H1 2025 financial performance, with strong revenue, EBITDA, and EBIT growth | TRY million | Q224 | Q225 | y/y% | H124 | H125 | y/y% | | :---------- | :--- | :--- | :--- | :--- | :--- | :--- | | Revenue | 47,150 | 53,022 | 12.5% | 92,274 | 103,866 | 12.6% | | EBITDA | 20,105 | 23,086 | 14.8% | 38,777 | 45,304 | 16.8% | | EBITDA Margin (%) | 42.6% | 43.5% | 0.9pp | 42.0% | 43.6% | 1.6pp | | EBIT | 6,322 | 8,818 | 39.5% | 11,479 | 17,525 | 52.7% | | EBIT Margin (%) | 13.4% | 16.6% | 3.2pp | 12.4% | 16.9% | 4.5pp | | Net Income | 3,922 | 4,201 | 7.1% | 7,779 | 7,468 | (4.0%) | [Second Quarter Highlights](index=5&type=section&id=SECOND%20QUARTER%20HIGHLIGHTS) Turkcell achieved strong Q2 2025 financial and operational results, driven by significant revenue and profit growth - First installment of dividend, amounting **TRY4.0 billion**, was distributed to shareholders on June 20, 2025[15](index=15&type=chunk) - Group revenues increased by **12.5% year-on-year**, primarily due to Turkcell Türkiye's strong ARPU growth, increased hardware revenues, and **23.1% growth** in the Techfin segment[15](index=15&type=chunk) - Data Center & Cloud business grew by **53.2% year-over-year**[15](index=15&type=chunk) - EBITDA increased by **14.8% to TRY23.1 billion**, with the EBITDA margin improving by **0.9 percentage points** year-on-year to **43.5%**[17](index=17&type=chunk) - Net leverage level stood at **0.29x**, and the net short FX position was **US$102 million**, within the neutral FX definition[15](index=15&type=chunk) - Recorded the highest mobile postpaid net additions in 5.5 years (**816 thousand**), increasing postpaid subscriber base share to **78%**[15](index=15&type=chunk) - Mobile ARPU (excluding M2M) grew by **9.8%**, and residential fiber ARPU grew by **17.5%**[15](index=15&type=chunk) - Added **67 thousand new fiber homepasses** this quarter, bringing total homepasses to **6.1 million**[15](index=15&type=chunk) [COMMENTS BY CEO, ALİ TAHA KOÇ, PhD](index=6&type=section&id=COMMENTS%20BY%20CEO%2C%20AL%C4%B0%20TAHA%20KO%C3%87%2C%20PhD) [Delivering Strong Results in the Second Quarter of 2025](index=6&type=section&id=Delivering%20Strong%20Results%20in%20the%20Second%20Quarter%20of%202025) CEO Ali Taha Koç highlighted Turkcell's robust Q2 2025 performance, driven by infrastructure and investments - Consolidated revenues in Q2 2025 rose **12.5% year-on-year to TRY53.0 billion**[17](index=17&type=chunk) - EBITDA increased **14.8% to TRY23.1 billion**, with the EBITDA margin improving by **0.9 percentage points** year-on-year to **43.5%**[17](index=17&type=chunk) - Net income grew **7.1%** compared with the previous year, reaching **TRY4.2 billion**[17](index=17&type=chunk) [Healthy Growth Driven by Outstanding Subscriber Net Additions and Strong ARPU Performance](index=6&type=section&id=Healthy%20Growth%20Driven%20by%20Outstanding%20Subscriber%20Net%20Additions%20and%20Strong%20ARPU%20Performance) Turkcell achieved significant mobile postpaid subscriber growth and ARPU increases in Q2 2025, driven by offers - Achieved **816 thousand net postpaid mobile subscriber additions** in Q2, the highest in five and a half years[18](index=18&type=chunk) - Postpaid subscribers now represent **78% of the total mobile base**, a **5 percentage point increase** year-on-year[18](index=18&type=chunk) - Mobile ARPU (excluding M2M) rose by **9.8% year-on-year**[18](index=18&type=chunk) - Connected **67 thousand new households** to end-to-end fiber infrastructure, with residential fiber ARPU increasing by **17.5% year-on-year**[19](index=19&type=chunk) [Paycell: Driving Growth in the Techfin Segment](index=6&type=section&id=Paycell%3A%20Driving%20Growth%20in%20the%20Techfin%20Segment) Paycell led the Techfin segment's strong Q2 2025 growth, significantly contributing to consolidated revenues - Techfin business grew by **23.1% in Q2**, accounting for **6% of consolidated revenues**[20](index=20&type=chunk) - Paycell achieved revenue growth of **35.8%**, primarily driven by increased volume in its POS business and new customer additions[20](index=20&type=chunk) - Financell's revenues rose **4.7% year-on-year**, with net interest margin (NIM) improving by **2.9 percentage points to 4.9%**[21](index=21&type=chunk) [Leading Türkiye's Tech and Communications Landscape with a Clear Sense of Responsibility](index=7&type=section&id=Leading%20T%C3%BCrkiye's%20Tech%20and%20Communications%20Landscape%20with%20a%20Clear%20Sense%20of%20Responsibility) Turkcell leads Türkiye's tech and communications by investing in data centers and cloud, achieving revenue growth and diversifying debt - Data center and cloud revenues rose by a solid **53.2% year-on-year**[22](index=22&type=chunk) - Signed murabaha financing agreements with leading financial institutions in the Gulf region, diversifying the debt portfolio[23](index=23&type=chunk) [FINANCIAL AND OPERATIONAL REVIEW](index=7&type=section&id=FINANCIAL%20AND%20OPERATIONAL%20REVIEW) [Financial Review of Turkcell Group](index=7&type=section&id=FINANCIAL%20REVIEW%20OF%20TURKCELL%20GROUP) Turkcell Group's Q2 2025 financial performance was strong, with revenue growth driven by Turkcell Türkiye and Techfin | Profit & Loss Statement (million TRY) | Q224 | Q225 | y/y% | H124 | H125 | y/y% | | :------------------------------------ | :--- | :--- | :--- | :--- | :--- | :--- | | Revenue | 47,150.2 | 53,021.9 | 12.5% | 92,273.9 | 103,865.5 | 12.6% | | Cost of revenue | (22,041.1) | (24,311.2) | 10.3% | (43,925.1) | (47,202.5) | 7.5% | | Gross Margin | 53.3% | 54.1% | 0.8pp | 52.4% | 54.6% | 2.2pp | | Administrative expenses | (1,617.2) | (1,975.4) | 22.1% | (3,317.0) | (4,095.9) | 23.5% | | Selling and marketing expenses | (3,047.8) | (3,341.5) | 9.6% | (5,621.4) | (6,749.5) | 20.1% | | EBITDA | 20,104.6 | 23,085.8 | 14.8% | 38,776.7 | 45,303.9 | 16.8% | | EBITDA Margin | 42.6% | 43.5% | 0.9pp | 42.0% | 43.6% | 1.6pp | | EBIT | 6,321.9 | 8,817.9 | 39.5% | 11,478.7 | 17,524.8 | 52.7% | | EBIT Margin | 13.4% | 16.6% | 3.2pp | 12.4% | 16.9% | 4.5pp | | Net finance income / (costs) | (2,011.5) | (1,341.2) | (33.3)% | (1,776.1) | (1,720.8) | (3.1)% | | Profit from continuing operations | 3,207.3 | 4,387.9 | 36.8% | 6,264.8 | 7,655.2 | 22.2% | | Net Income | 3,922.3 | 4,200.

Core Viewpoint - Turkcell Iletisim Hizmetleri A.S. reported strong financial results for Q2 2025, with a notable year-on-year growth in revenue driven by increased average revenue per user (ARPU) and a growing mobile subscriber base, particularly in the postpaid segment [3]. Financial Performance - The company's revenue reached TRY 53 billion, reflecting a year-on-year growth of 12% [3]. - The growth was primarily attributed to strong ARPU performance and significant expansion in the mobile subscriber base, especially in the postpaid domain [3]. Conference Call Overview - The conference call included key participants such as the CEO, CFO, and the Investor Relations Director, who provided insights into the operational and financial results for the quarter [2]. - The call was structured to include an overview of results followed by a Q&A session, indicating a focus on transparency and engagement with investors [2].

Financial Data and Key Metrics Changes - The company's top line reached TRY 53 billion, reflecting a year-on-year growth of 12% [4] - Group EBITDA rose by 15% year-on-year to TRY 23 billion, with a solid margin of 43.5% [5] - Net income from continuing operations increased by 37% year-on-year to TRY 4.4 billion [5][21] Business Line Data and Key Metrics Changes - The mobile segment saw 816,000 postpaid net additions, the highest in over five years, with mobile ARPU increasing by 9.8% year-on-year [6][7] - Fixed broadband subscriber base remained stable at 3.3 million, with residential fiber ARPU increasing by 17.5% year-on-year [12] - Digital Business Services grew by 39%, exceeding TRY 4.9 billion in revenue, while data center and cloud services surged by 53% [13][14] Market Data and Key Metrics Changes - The mobile churn rate was 2.2%, influenced by high volumes in the mobile number portability market due to competition [8] - The postpaid share in total mobile subscribers reached 78%, indicating a focus on value-added subscribers [7] Company Strategy and Development Direction - The company is committed to maintaining its leadership position in the mobile market through superior network quality and customer experience [9] - Investments are being made in both mobile and fixed infrastructure to support the upcoming 5G deployment, with a focus on digital transformation [9][33] - Approximately 65% of the CapEx budget will be allocated to fixed and mobile businesses, with additional investments in data centers and renewable energy [34] Management's Comments on Operating Environment and Future Outlook - Management expects a moderation in performance in the second half of the year, forecasting year-on-year inflation at 30.5% [17] - The company remains cautious about its guidance, considering the high base effect from the previous year and the impact of price adjustments [42][44] Other Important Information - The company’s cash position reached TRY 117 billion, with gross debt at TRY 173 billion, resulting in a net debt position of TRY 25 billion [25][26] - The company has a strong foreign currency risk management strategy, with 87% of cash holdings in hard currency [27] Q&A Session Summary Question: Update on fixed concession and 5G - Management indicated that the Minister of Transport and Infrastructure mentioned a potential renewal of Turk Telekom's concession for 25 years, and they are awaiting details on the 5G tender expected to be available by 2026 [31][32] Question: Guidance evaluation for the second quarter - Management explained that strong first-half performance provides headroom for guidance, but they remain cautious due to expected inflation and high base effects from the previous year [42][44] Question: Future of the TOG project and its impact on profits - Management acknowledged the cyclical nature of the automotive industry and indicated that TOG will take time to reach sustainable profitability, but they remain confident in the long-term value of the investment [45][47] Question: Increase in financing costs and income - Management highlighted effective balance sheet management, noting a net positive income from FX management, and indicated that they are managing their financing costs well despite high interest rates [50][51] Question: Impact of entering the mobile market - Management stated that there is currently no clear information regarding entering the mobile market and emphasized their strong competitive position in the existing mobile services [55][56]