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Telecommunications and Turkish corporate Q3 2026 earnings
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2026-11-06 08:55 UTC → 2026-11-06 19:29 UTC ·
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Telecommunications company quarterly and Turkish corporate Q3 2026 earnings reports
Various telecommunications providers and Turkish corporations have released their third quarter 2026 financial and operational results. T-Mobile US reported a 27.3 percent increase in net income to 3.46 billion dollars and total revenue of 23.58 billion dollars, representing a 7.4 percent increase year-over-year. Diluted earnings per share rose 33.6 percent to 3.22 dollars. While the company added 274,000 postpaid net accounts, exceeding analyst expectations, it noted an increase in postpaid account churn to 1.09 percent from 0.97 percent a year ago. Service revenue grew 6.2 percent, driven by a 9.3 percent increase in postpaid service revenue. T-Mobile also raised its 2026 cash flow outlook. Reports also indicated that percent. Deutsche Telekom has reportedly paused plans for a formal merger with T-Mobile US due to strategic considerations and internal resistance. considerations. Türk Telekom reported a consolidated revenue increase of 11.9 percent year-on-year to 86.4 billion TL, with a net profit of 7.7 billion TL. The company expanded its fiber network to 592,000 km km, covering 34.8 million households, and reported a total subscriber base of 58.5 million. Detailed results for Türk Telekom show that EBITDA rose 6.9 percent to 37 billion liras, maintaining a margin of 42.9 percent. Growth was attributed largely to digital transformation projects. The company reported reached 33.4 million mobile subscribers, subscribers. CEO Ebubekir Şahin noted that digital transformation projects accelerated revenue growth. Other Turkish corporate results showed mixed performance. In the industrial sector, Şişecam achieved 195 billion TL in net sales for the first nine months, with 59 percent coming from international sales. Banking results varied: İş Bankası held 5.3 trillion TL in assets, while VakıfBank reported an active size exceeding 6.2 trillion TL. In manufacturing, Tofaş reported a third quarter net gain profit of 670,000 during the third quarter. Fiber subscribers now account for 94.6 4.3 billion TL, whereas Ford Otosan saw a 33.6 percent of the total fixed broadband base. Investment expenditures decline in net profit for the first nine months months. Otokar reported increased net losses of 2026, excluding license fees and solar energy, reached 71.6 6.7 billion liras, a 38 percent increase from the previous year. Additionally, Türk Telekom has been named the Global Digital Transformation and Technology Partner TL for the COP31 summit. same period.
Versions
- 2026-11-06 19:29 UTC Telecommunications and Turkish corporate Q3 2026 earnings
- 2026-11-06 08:55 UTC Telecommunications company quarterly earnings reports
- 2026-11-05 22:59 UTC Telecommunications company quarterly earnings reports
- 2026-11-05 09:36 UTC Telecommunications company quarterly earnings reports
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