Turkcell - Mobilfunk Türkei (Seite 6)

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Turkcell cut to ‘sell’ level at Goldman


Monday, May 16, 2011
ISTANBUL - Bloomberg
Turkcell, Turkey’s largest mobile-phone operator, was downgraded by The Goldman Sachs Group Monday for “slim chance for a sustainable turnaround” and disputes among its shareholders.

The rating on Turkcell, owned by Scandinavian telecoms operator TeliaSonera, Russian Altimo and Turkey’s Çukurova Holding, was cut to “sell” level from “neutral” by Goldman Sachs analyst Alexander Balakhnin, the investment bank said in an e-mailed report.

TeliaSonera and Altimo are embroiled in a struggle with Çukurova over how Turkcell is run. The two companies blocked a shareholders’ dividend at the annual general meeting in April after chairman Colin Williams refused to discuss board changes and government officials backed him. TeliaSonera and Altimo want Williams dismissed.

“News flow on intensifying competition in Turkey and signs of aggressive marketing activity will likely be negative for the stock,” Balakhnin said. “Moreover as the Turkish macro situation remains challenging, weak statistics as well as a start of tightening would add additional pressure on Turkcell shares.”

“Evolution of the shareholder disputes add to the level of uncertainty and negative tension,” the analyst wrote. “Mobile competition in Turkey remains highly unstable with all three operators fighting for market share. We see a slim chance for a sustainable turnaround of Turkcell’s business, as the company will likely need to sacrifice profitability for market share retention.”

Goldman expects Turkcell to post a margin of earnings before interest, tax, depreciation and amortization, or Ebitda, of 31.9 percent in 2011 with higher capital expenditure spending, the report said. Turkcell’s Ebitda was 32.7 percent in 2010, according to information on its website.

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ISTANBUL, April 28 (Reuters) - First-quarter net profit at Turkey's leading phone operator Turkcell fell 21 percent, stung by intense price competition, the impact of lower connection charges and lower margins.

Net profit of 330.1 million lira ($217 million) was below a consensus forecast in a Reuters poll of 365.5 million. Sales fell 5.8 percent to 2.12 billion lira, also slightly below forecast.

Last year Turkey's telecoms regulator halved interconnection fees charged by operators to connect a call from one network to another, sparking complaints from mobile operators.

The changes reignited a bitter price war between mobile operators Turk Telekom's Avea and Vodafone.

'Intensified price-focused competition, as well as the reduction in termination rates by 52 percent and the maximum price cap by 38 percent, negatively impacted our financial results compared to the same period of last year,' said chief executive Sureyya Ciliv.

'In order to ensure the sustainability of increasing investments in mobile internet, boost customer confidence in the sector and enable market growth, we believe that more rational competition is required,' he added.

Turkcell has around 55 percent of Turkey's subscriber market and is also active in Ukraine, Azerbaijan and Georgia.

Its EBITDA margin slipped to 29.5 percent in the quarter from 29.7 percent the previous period and 31.6 percent in the first quarter of 2010.

Thursday's results only heighten woes for Turkcell, one of Turkey's highest profile companies, which is currently embroiled in a bitter boardroom battle between its stakeholders.

Major shareholder TeliaSonera is battling to remove chairman Colin Williams, over what it says is his lack of independence, a charge he denies.

Turkcell is controlled by conglomerate Cukurova, which has only a 14 percent stake in the firm but controls it due to a complex ownership structure.

Analysts warn the row threatens to damage the firm if it translates into weak leadership and strategy. Its stock has already significantly underperformed Turkey's top 100 share index this year.

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ANKARA, Dec 16 (Reuters) - Turkcell'sInternet unit Superonline and Middle East telecoms partners will spend 1 billion lira ($657 million) on a fibre optic cable network to develop Gulf services by connecting them via Turkey.

Superonline said it had formed a consortium with seven telecoms companies from Syria, Jordan, United Arab Emirates (UAE) and Saudi Arabia including Etisalat, Mobily, the Telecom/Orange Jordan and Mada-Zain partnership and Syria Telecommunication Establishment.

The Regional Cable Network project is planned to cover the entire Gulf region and will start operating in the second half of 2011.

'This huge infrastructure project is going to connect the Middle East to the world through Turkey,' Turkcell CEO Sureyya Ciliv said.

Shares in Turkcell traded up 1.49 percent to 10.25 lira, outperfoming the Istanbul stock exchange which lost 0.16 percent.

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http://seekingalpha.com/article/223737-turkcell-perfect-way-…

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ISTANBUL, July 30, 2010 /PRNewswire-FirstCall/ -- Turkcell , the leading communications and technology company in Turkey, today announced the results of the mobile internet speed tests conducted on July 27th in both Diyarbakir (Turkey) and in Paris to mark the first anniversary of the launch of its 3G network.

These tests, which were attended by IRIS Telecom, were similar to the ones conducted in May 2010 by IRIS Telecom in Paris, Berlin, London, Istanbul, Diyarbakir and Trabzon and once again demonstrated the quality and speed of Turkcell's 3G network. While the tests conducted during the morning of July 27, 2010 in Diyarbakir recorded speeds of 13.8 Mbps, equivalent tests conducted in Paris recorded speeds of 3.9 Mbps. Accordingly, it appears that Turkcell subscribers in Diyarbakir can access mobile internet at speeds nearly 4 times greater than mobile subscribers in Paris.

In May 2010, Turkcell was certified by IRIS Telecom as having the Fastest Average Mobile Internet Speed among 15 operators tested in Turkey, France, the UK and Germany.

Sureyya Ciliv, Turkcell's Chief Executive Officer, noted during the Diyarbakir&Paris trip that Turkcell's investment in 3G over the past year almost equals its total investment in 2G over a seven and a half year period. The number of base stations built for Turkcell 2G was 5,200, while as many Turkcell 3G base stations were built in just one year. Turkcell provides 3G coverage to 80% of Turkey and aims to increase this figure to 90% by the end of 2010.

Mr Ciliv continued: "Turkcell has created a major success story over the past year by establishing one of the world's best performing 3G networks. Our objective is to continuously strive to close the Digital Divide and so become an 'Information Society'. At Turkcell, we believe in creating platforms that provide opportunities for equal access to information, something we are able to do by providing one of the world's most effective 3G networks. The increasing number of Turkcell customers using 3G technology will further stimulate the development of Turkey's IT sector, so leading to social and economic development in our country.'

According to Turkey's Telecommunications Authority figures, there are 8.7 million registered 3G customers in Turkey as of 1Q 2010. Currently, Turkcell has 6 million registered 3G customers. One of the most important drivers of 3G usage is data usage, which reached 4,500 terabytes in Turkey between June 2009 and June 2010, increasing 16.35 times in the same period.

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07.06.2010 14:28
IRIS Telecom Finds That Turkcell has the Highest Average Mobile Internet Speed Among Operators Tested in Turkey, France, Germany, and the UK


ISTANBUL, Turkey, June 7, 2010 /PRNewswire-FirstCall/ -- Turkcell , the leading communications and technology company in Turkey, today announced the results of a study of mobile internet speeds by IRIS Telecom, the independent measurement and wireless telecom company. Fifteen mobile operators, which provide services in at least one of Turkey, France, Germany and the UK were analyzed and Turkcell was ranked number 1 among these in terms of 'average mobile internet speed.'

The tests were conducted in April and May 2010 in Paris, Berlin, London, Istanbul, Diyarbakir and Trabzon. Both drive test and stationary measurements were carried out on urban roads and in shopping centers, tourist sites, airports, and other places where the operators offer their services. These tests confirmed that Turkcell's upload and download speeds were higher than the other 14 operators. For instance, IRIS found that during drive test measurements in Istanbul Turkcell's download speed was 2.53 times faster when compared to O2 UK in London, which had highest file download performance among the 12 European operators tested, and 1.55 times faster when compared to O2 Germany in Berlin, which had the highest file upload performance among the 12 European operators tested. Accordingly, Turkcell was certified by IRIS Telecom as having the Fastest Average Mobile Internet Speed among the operators tested in Turkey, France, the UK and Germany.

Johan Bruce, IRIS Telecom Chairman, noted that: "We compared the test results we had from Berlin, London and Paris with the test results we conducted in three cities of Turkey. As a result, we have found that Turkcell has the highest average data speed out of all the operators we analyzed. We congratulate Turkcell on its investment in its network, which has clearly been very effective and positions Turkcell favorably in a European context."

Ilter Terzioglu, Turkcell's Chief Network Operations Officer, noted that: "We are proud to deliver the fastest average mobile internet speed among the 15 operators tested. Our leadership in mobile internet speed in Turkey was recognised earlier in the year when an independent ranking and audit company conducted tests in Istanbul and confirmed that Turkcell's 3G speed reached 42.2 MBPS. These results demonstrate how fast our internet speed is on a wider European level."

Terzioglu also noted that Turkcell invested TRY2.2 billion in Turkey in 2009 and will continue to invest in its network to maintain its leadership and quality. "Our commitment to quality continues and our 3G subscriber base is growing significantly, up from 4.5 million at the end of 2009 to 5.2 million at the end of March 2010," he said.

ABOUT IRIS Telecom

IRIS is the largest wireless telecom engineering company in Turkey and its services cover Central Asia, Middle East, and North Africa regions. For more than 10 years, IRIS has been rendering services to Mobile Operators and Equipment Suppliers. Its services include Radio and Transmission Design and Optimization, Turnkey Rollout, Installations and Benchmarking. IRIS as an independent company provides Benchmark testing and reporting services with the state-of-the-art measurement tools both in Turkey and abroad for mobile operators. Saudi Arabia, Algeria, Iran, Belarus and Uzbekistan are among the countries where long term projects have been executed. Ukraine, Sweden, Moldova, Georgia, UAE, Tunisia, Sudan, Oman and Syria are the other countries where IRIS provided services to its customers. Currently, its services heavily involve turn-key network rollout services in Uzbekistan and Belarus, and Benchmarking, Optimization, Network Planning and Installation services in Turkey. IRIS has been certified by ISO 9001 and ISO 14001 standards in 2010.

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zahlt gut 4% Dividende; 24% EK-Rendite und wächst

geeignet als Hedge gegen Euro-Verfall?

wer kennt den Laden ein bißchen?