tiprankstipranks
Company Announcements

Turkcell Enhances Investment in Belarusian Subsidiary

Story Highlights
Turkcell Enhances Investment in Belarusian Subsidiary

Discover the Best Stocks and Maximize Your Portfolio:

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

On February 7, 2025, Turkcell Iletisim Hizmetleri A.S. announced a capital increase in its subsidiary, CJSC Belarusian Telecommunications Network (BeST), by BYN 40,906,138.50, raising the total capital to BYN 1,363,865,668.50. This move signifies Turkcell’s commitment to enhancing its footprint in Belarus, potentially strengthening its market position and offering improved services to its stakeholders.

More about Turkcell Iletisim

Turkcell Iletisim Hizmetleri A.S. is a major player in the telecommunications industry, primarily offering mobile communication services. The company is focused on expanding its market presence and operations through strategic investments and partnerships.

YTD Price Performance: 10.18%

Average Trading Volume: 416,381

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $6.5B

See more data about TKC stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1