Business Wire·Nov 9, 2026, 11:02 AM ET

Turkcell Iletişim Hizmet: Third Quarter 2026 Results

TKC

Turkcell Group consolidated revenue for Q3 2026 reached TRY 82.0 billion, representing a 6.2% year-on-year increase.
Consolidated EBITDA rose 6.8% year-on-year to TRY 36.2 billion, with an EBITDA margin of 44.2%.
Net income for the third quarter was TRY 6.7 billion, a 3.8% decrease from the prior year period.
Turkcell Türkiye revenue grew 5.1% year-on-year, driven by a 30.6% surge in the corporate segment.
Digital Business Services (DBS) revenue increased 65.3% year-on-year, while Techfin revenue grew 8.9%.
The Group added 579 thousand mobile net subscribers in Q3 2026, including 701 thousand postpaid additions.
Superbox recorded 101 thousand net additions in Q3 2026, marking its strongest quarterly performance since Q4 2019.
Turkcell Fiber added 39 thousand net subscribers, with 242 thousand new homepasses added to the network.
The company acquired an 11% stake in TOGG for EUR 88 million, raising its total ownership to 34.0%.
Share buyback program repurchased 20.7 million shares for TRY 1.9 billion in October and November 2026.
Net leverage ratio stood at 0.31x, while the net FX position remained within the target range of plus/minus USD 1.5 billion.
Total capital expenditures for the first nine months of 2026 were TRY 136.5 billion, including significant 5G license costs.
Paycell revenue grew 22.7% year-on-year, driven by a 43.7% increase in POS business revenue.
Financell reported a 120.5% year-on-year increase in EBITDA, reaching TRY 548 million in Q3 2026.
Residential fiber ARPU grew 2.7% year-on-year, supported by higher-speed package adoption.
Mobile churn improved by 1.0 percentage point year-on-year to 1.6% in the third quarter.
The Group's total subscriber base reached approximately 47.6 million as of September 30, 2026.
Financial data is presented in accordance with IFRS and IAS 29, reflecting the purchasing power of the Turkish Lira as of September 30, 2026.