Turk Telekomunikasyon AS (FRA:4TTA)
€ 2.06 -0.040 (-1.9%) Market Cap: 3.60 Bil Enterprise Value: 5.68 Bil PE Ratio: 6.74 PB Ratio: 0.76 GF Score: 91/100

Q3 2025 Turk Telekomunikasyon AS Earnings Call Transcript

Nov 5, 2025 / 10:59 AM GMT
Release Date Price: €1.85

Key Points

Positve
  • Turk Telekomunikasyon AS (TRKNY) secured a renewed concession agreement extending their right to operate Turkey's fixed telecom network until 2050, providing long-term business visibility.
  • The company achieved strong financial performance with consolidated revenues increasing by 11% to TRY 60 billion and a 22% year-on-year growth in EBITDA.
  • Turk Telekomunikasyon AS (TRKNY) successfully participated in the 5G auction, securing key spectrum blocks, enhancing their capacity for future growth.
  • The company demonstrated robust subscriber growth, with the total subscriber base reaching 56.2 million, driven by strong demand in both mobile and fixed internet segments.
  • Turk Telekomunikasyon AS (TRKNY) executed a comprehensive $1.8 billion financing program, securing long-term and cost-efficient funding from global sources, enhancing their liquidity position.
Negative
  • The company faces challenges with hyperinflationary accounting in Turkey, which may impact financial reporting and outlook.
  • Despite strong performance, there is caution regarding Q4 inflation outlook, which could affect revenue growth projections.
  • The company anticipates increased leverage due to upcoming 5G and concession payments, potentially impacting financial stability.
  • There is uncertainty regarding dividend payouts, as future investment needs and financial commitments may influence decisions.
  • Turk Telekomunikasyon AS (TRKNY) experienced a decline in certain segments, such as international revenue and fixed voice, which could affect overall growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TTKOM.IS - Turk Telekomunikasyon AS
Q3 2025 Turk Telekomunikasyon AS Earnings Call
Nov 05, 2025 / NTS GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, thank you for standing by. I'm Konstantinojokor, call operator. Welcome and thank you for joining the Turk Telecom Conference call and live webcast to present and discuss the 3rd quarter 2025 financial and operational results. We are here with the management team, and today's speakers are member of the board Emit Onal, CEO Abubakir Sahin. And CFO Omer Karademir, before starting, I kindly remind you to review the disclaimer on the earnings presentation. Now I would like to turn the conference over to Mr. Mittenal, member of the board. Sir, you may now proceed.

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Unidentified_2 [2]
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