Istanbul-based telecoms group Turkcell has reported group revenue of TRY2.565 billion (USD1.404 billion) for the three months ended 30 June 2012, representing a 12.5% rise year-on-year. Turkcell’s domestic revenues accounted for the lion’s share of sales, up 9% y-o-y to TRY2.149 million, with revenue provided by subsidiaries growing by 37% to TRY416 million. EBITDA for 2Q12 increased 8.0% y-o-y to TRY779 million, whilst net income rose to TRY534.2 million, compared to a loss of TRY21.4 million posted during the corresponding period one year earlier.
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OVETEL Turkcell 2Q12 revenues up 12.5% to TRY2.565bn
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