Concession Renewal - Türk Telekom's fixed line services concession has been extended until 2050, providing long-term visibility[19, 21] - The contract value for the concession renewal is $2.5 billion + VAT, payable over 10 years[20] - The concession fee payment schedule includes $1 billion from 2026-2027 ($500 million per year), $1.4 billion from 2028-2034 ($200 million per year), and a final payment of $100 million in 2035[21] - Türk Telekom plans to invest $17 billion by 2050 in all capex, including new technologies[22] Fibre Expansion and Network - As of H1 2025, Türk Telekom operates almost 500k km of fibre network, ensuring presence in all 81 provinces of Türkiye[46, 49] - Türk Telekom's fibre homepass reached 33.5 million as of H1 2025[47] Financial Performance - Türk Telekom's revenue for H1 2025 was 81.4 TL billion, a 24% increase[101] - EBITDA for H1 2025 was 32.3 TL billion, a 30% increase, with an EBITDA margin of 39.8%[101] - Net Debt/EBITDA is maintained at conservative levels[103] Market Position - Türk Telekom is the sole owner and operator of Türkiye's fixed line infrastructure[93] - The company is positioned to capture high growth opportunities in mobile, 5G, and future technologies due to its fibre investments[68]