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Turkcell Secures Major 5G Spectrum in ICTA Tender

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Turkcell Secures Major 5G Spectrum in ICTA Tender

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

On October 16, 2025, Turkcell announced that it has been awarded a 160 MHz frequency band for USD 1,224 million in the 5G spectrum allocation tender held by the Information and Communication Technologies Authority (ICTA). This allocation allows Turkcell to maintain its leadership in the Turkish telecommunications market by securing approximately 42% of the total available frequencies, enabling it to offer the highest 5G speeds in the country. The company plans to launch 5G services starting April 1, 2026, and has extended its existing authorizations for 2G, 3G, and 4.5G until December 31, 2042.

The most recent analyst rating on (TKC) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Turkcell Iletisim stock, see the TKC Stock Forecast page.

Spark’s Take on TKC Stock

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

Turkcell’s strong financial performance and robust earnings call results are the primary drivers of its high score. The company’s attractive valuation and solid dividend yield further enhance its investment appeal. Technical indicators suggest a balanced outlook, with potential for positive momentum.

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 in Turkey, providing mobile electronic communication infrastructures and related services. The company is known for its extensive frequency portfolio and leadership in delivering high-speed mobile services, including 4.5G and upcoming 5G technologies.

Average Trading Volume: 2,000,005

Technical Sentiment Signal: Hold

Current Market Cap: $5B

Find detailed analytics on TKC stock on TipRanks’ Stock Analysis page.

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