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Turkcell Appoints New Independent Audit Firm for 2025

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Turkcell Appoints New Independent Audit Firm for 2025

Turkcell Iletisim ( (TKC) ) has issued an announcement.

On April 16, 2025, Turkcell’s Board of Directors announced the appointment of Güney Bağımsız Denetim ve SMMM A.Ş. as the independent audit firm for the year 2025. This decision, which includes conducting mandatory sustainability assurance audits, will be presented for shareholder approval at the Ordinary General Assembly Meeting on May 15, 2025. The appointment reflects Turkcell’s commitment to compliance with local laws and sustainability standards, potentially enhancing its operational transparency and stakeholder trust.

Spark’s Take on TKC Stock

According to Spark, TipRanks’ AI Analyst, TKC is a Outperform.

Turkcell demonstrates a robust financial performance with strong income growth and effective cash management. Despite technical indicators suggesting a bearish trend, the company’s strategic focus and guidance from the latest earnings call are positive. The stock is reasonably valued with a moderate P/E ratio and a decent dividend yield. Overall, while there are challenges, such as market competition and increased churn, the strengths in financial performance and positive earnings call sentiment indicate a stable outlook.

To see Spark’s full report on TKC stock, click here.

More about Turkcell Iletisim

Turkcell Iletisim Hizmetleri A.S. is a leading telecommunications company based in Istanbul, Turkey. It provides a wide range of communication services, including mobile and fixed voice, data, and internet services, primarily focusing on the Turkish market.

YTD Price Performance: -8.98%

Average Trading Volume: 602,897

Technical Sentiment Signal: Sell

Current Market Cap: $5.15B

See more insights into TKC stock on TipRanks’ Stock Analysis page.

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