Strong Revenue and Profit Growth
Full-year revenues +11% year-on-year, surpassing TRY 241 billion; Q4 revenues +7% to TRY 63 billion. Full-year EBITDA +14% to TRY 104 billion with EBITDA margin ~43% (CEO cited 43.1%); Q4 EBITDA +12% to TRY 26 billion (41.2% margin). Net income from continuing operations +23% to TRY 17.8 billion (Q4 net income +11% to TRY 3.6 billion).
Robust Subscriber Momentum and ARPU Expansion
Record postpaid additions — 905,000 net additions in Q4 (strongest in 6 years) and 2.4 million postpaid net additions in 2025 (highest in 26 years). Postpaid mix increased by 4.7 percentage points to 81%. Mobile ARPU real growth +5.4% and churn improved to 2.7%.
Fixed Broadband/Fiber Performance
Superonline net adds 119,000 fiber subscribers in 2025, total fiber base 2.6 million. Fiber home pass expanded to 6.3 million with a take-up ratio of 42%. Residential fiber ARPU +10.3% year-on-year.
Data Center & Cloud Scaling and Strategic Partnership
Data center and cloud revenues +32% year-on-year. Operates 50 MW of active data center capacity today with plans to double by 2032; expects data center/cloud revenues to grow ~6x in USD terms by 2032. Announced Google Cloud hyperscale region partnership (Google to invest at scale) and segment expected to generate ~US$100 million EBITDA beginning 2026. 2026 guidance for data center/cloud revenue growth 18%–20%.
Digital Services and Techfin Momentum
Digital Business Services revenues +30% to TRY 7 billion; system integration backlog at TRY 6 billion. Techfin revenues +21% for 2025; Paycell Q4 revenues +40% YoY and non-group revenue share increased by 18 percentage points to 77%. Techfin contributed ~6% of consolidated revenues (TRY 2.4 billion).
Strong Balance Sheet, Capital Allocation and Shareholder Returns
Cash position TRY 92 billion after dividends and redemptions; net debt TRY 15 billion and net leverage 0.1x. Distributed 72% of net income from continuing operations and launched a 3-year buyback program (US$58 million repurchased to date). CapEx intensity closed at 22.6% (operational CapEx guidance ~25%).
Renewable Energy Expansion and Cost Savings
Active solar capacity increased to ~62 MW in 2025 (164 MW installed across 8 cities in total). Solar portfolio delivered TRY 156 million in OpEx savings during the year and supports energy resilience and 2050 net-zero commitment.
5G Spectrum, Network Leadership and Strategic Infrastructure Wins
Awarded the largest spectrum in the 5G auction and secured fiber footprint via agreement with BOTAS. Committed investments in 5G rollout, data centers and renewables to support long-term leadership; expected operational CapEx intensity ~25% reflects this investment cycle.