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2 clusters · 5 sources · 6 days · First seen · Last updated

Turkish IT and telecommunications sector performance

Overview

The Turkish information technology and telecommunications sectors have shown significant growth and performance among major players.

According to the 27th annual Bilişim 500 research, Türk Telekom was named the largest company in Turkey’s IT sector. The broader industry saw total revenues reach 1.6 trillion lira, a 40% increase from the previous year, with notable growth in artificial intelligence and cloud services.

In the telecommunications segment, Turkcell reported second-quarter revenue of TRY 71.8 billion, achieving what CEO Ali Taha Koç described as “real revenue growth” for eight consecutive quarters despite inflation exceeding 30%. Turkcell also reached a milestone of over 40 million mobile subscribers and expanded its fiber business, which now accounts for 80% of its total fixed broadband subscribers.

Entities

Türk Telekom · BThaber · Ali Taha Koç · Turkcell · Kamil Kalyon

Timeline

  1. 29 days ago

    [BUSINESS] 3 sources
    Turkcell reports Q2 revenue of TRY 71.8 billion and record subscriber growth

    Turkcell reported Q2 revenue of TRY 71.8 billion and surpassed 40 million mobile subscribers for the first time, maintaining growth despite high inflation in Turkey.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Türk Telekom ranks largest in Turkey's IT sector

    Türk Telekom has emerged as the largest company in Turkey's IT sector according to the Bilişim 500 research, as industry revenues rose 40% to 1.6 trillion lira.

Sources

ayancikgazetesi.com · chip.com.tr · finans.mynet.com · mommygearest.com · otomobil.haber7.com