Turkcell (NYSE:TKC) (BIST:TCELL), Turkey’s leading telecommunications
and technology company, was recognized for its IR practice at the 24th
annual “IR Magazine Awards” ceremony. Turkcell’s Investor Relations
Department received ‘The Best IR in Turkey’ award following a
comprehensive, independent evaluation process during which 500
investors, analysts and opinion leaders worldwide were interviewed.
This is the second time in two years that Turkcell has been deemed
worthy of this award. Turkcell’s IR department was selected as the “Best
IR in Turkey” in 2013 prior to this year. The award stands apart from
its peers with its independent nomination process, in which nominations
come from a database of industry professionals and not from companies’
own applications. The winners are determined with the independent votes
of industry professionals.
Turkcell’s Investor Relations Director Nihat Narin underlined
Turkey’s rising standards in corporate governance and emphasized
Turkcell’s leading role in implementing best IR practices. “With its
economic potential and growth rate, Turkey continues to stand out among
developing countries and maintains its position as the center of
attention of the international investor community. Following new
regulations on the capital markets, companies listed in Borsa Istanbul
Stock Exchange improved their corporate governance standards, and now
offer more secure and transparent solutions to investment community,”
Narin remarked, “as Turkcell Investor Relations, we respond to the
growing interest of national and international investors with best IR
practices that have become a part of our company culture due to our dual
listing at the NYSE and Borsa Istanbul. We believe that higher IR
standards encourage investors to invest in Turkey, which, in turn,
creates added value for Turkish economy. This award reaffirms our
success in representing our country while upholding the highest
transparency and accountability standards. We are very proud of being
recognized for this accomplishment two years in a row.”
IR Magazine (Investors Relations Magazine) was created under the
Economist Group, and is run by the Cross Border Limited media company.
The company, which owns numerous prestigious magazines, websites and
research teams in the finance field, is also the organizer of award
ceremonies, conferences and activities, especially in the financial
capitals of the world such as New York, London and Hong Kong.
53 companies from 21 countries competed for this year’s awards. In
addition to Turkcell, companies including BASF, Continental, Unilever,
Roche, and Allianz were also recognized for their accomplishments.
ABOUT TURKCELL: Turkcell is the leading communications and
technology company in Turkey, with 34.8 million subscribers as of March
31, 2014. Turkcell is a leading regional player with its approximately
70.1 million subscribers in nine countries as of March 31, 2014. It has
become one of the first among the global operators to have implemented
HSPA+. It has achieved up to 43.2 Mbps speed using the Dual Carrier
technology, and is continuously working to provide the latest technology
to its customers. Turkcell Superonline, a wholly owned subsidiary of
Turkcell, is the first telecom operator to offer households fiber
broadband connection at speeds of up to 1,000 Mbps in Turkey. As of
December 2013, Turkcell’s population coverage is at 99.49% in 2G and
86.17% in 3G. Turkcell reported a TRY2.9 billion (US$1.3 billion)
revenue with total assets of TRY21.5 billion (US$9.8 billion) as of
March 31, 2014. It has been listed on the NYSE and the BIST since July
2000, and is the only NYSE-listed company in Turkey. Read more at www.turkcell.com.tr
You can now follow the most up-to-date Turkcell developments on Twitter:
http://twitter.com/TurkcellNews
Copyright Business Wire 2014