Turkcell’s Credit Rating Boosted by S&P Global

Turkcell Iletisim (TKC) has released an update.

Turkcell Iletisim has seen its credit rating elevated by S&P Global Ratings from ‘BB-‘ to ‘BB’, with a stable outlook, distinguishing it from Turkey’s sovereign rating. This improvement reflects Turkcell’s robust financial health and strategic positioning, offering a promising signal to investors in the telecommunications sector. The rating upgrade is likely to enhance investor confidence and may positively impact the company’s stock performance.

For further insights into TKC stock, check out TipRanks’ Stock Analysis page.