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Turkcell Wins Appeal in MTN Lawsuit Jurisdiction Battle

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Confident Investing Starts Here:

An announcement from Turkcell Iletisim ( (TKC) ) is now available.

On May 1, 2025, Turkcell announced a significant development in its long-standing legal battle against MTN, a South African mobile operator. The Supreme Court of Appeal of South Africa ruled in favor of Turkcell, recognizing the jurisdiction of South African courts over the case, which involves compensation claims related to Iran’s first private GSM license tender process. This decision allows the proceedings to continue in South Africa under Iranian law, although MTN retains the right to appeal to the Constitutional Court.

Spark’s Take on TKC Stock

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

Turkcell’s strong financial performance, attractive valuation, and positive earnings call sentiment are key strengths, supporting its growth potential. However, technical indicators suggest a bearish trend, which tempers the overall score. The focus on strategic initiatives like 5G and renewable energy investments is promising, but rising debt and market competition pose risks that need monitoring.

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

More about Turkcell Iletisim

Turkcell Iletisim Hizmetleri A.S. is a telecommunications company based in Istanbul, Turkey. It operates in the mobile communications industry, offering a range of services including voice, messaging, data, and other telecom services. The company is a significant player in the Turkish market and has been involved in international operations and legal matters.

YTD Price Performance: -11.53%

Average Trading Volume: 653,808

Technical Sentiment Signal: Hold

Current Market Cap: $5.1B

Learn more about TKC stock on TipRanks’ Stock Analysis page.

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