Turkcell 3Q12 revenue up 8.9% y-o-y

19 Oct 2012

Istanbul-based telecoms group Turkcell has reported group revenue of TRY2.75 billion (USD1.53 billion) for the three months ended 30 September 2012, representing an 8.9% rise year-on-year. EBITDA increased 4.7% y-o-y to TRY912.0 million, and net income grew 6.3% to TRY570.8 million. Despite steady expansion in its domestic wireless market, Turkcell credits its growth to the contribution of its subsidiaries, whose contribution to the top line rose to 16%. In particular, fibre-optic broadband provider Turkcell Superonline’s revenues grew by 50.7% to TRY186.7 million, while Ukraine-based Astelit’s revenues increased 6.5% to USD111.0 million.

In its home market Turkcell reported a 2.3% annual increase in its mobile customer base, to 35.2 million, from 34.4 million previously. The bulk of the net new additions were post-paid subscribers – up 17.3% to 12.9 million – whilst pre-paid subscriptions declined 4.7% to 22.3 million. Blended average revenue per user (ARPU) dropped 0.8% to TRY12.2 per month for 3Q12, while minutes of use jumped by 15.7% to 257.1 minutes on the back of enhanced tariff offers. In Ukraine, Astelit, in which Turkcell owns a 55% stake, ended the quarter with 8.2 million ‘active’ subscribers, up from 7.1 million a year earlier, with the unit’s total subscriber base rising 1.4 million to 10.7 million. Fintur, which has interests in wireless operators in Kazakhstan, Azerbaijan, Moldova and Georgia, and in which Turkcell owns a 41.45% stake, ended September with 20.4 million customers, up 17.9% year-on-year.

CEO Sureyya Ciliv commented: ‘Our vision is to widen mobile broadband access in Turkey. Accordingly, we increased the number of smartphones in our network to 5.5 million via affordable ‘Turkcell Maxi series’ smartphones and our ‘Smartphone Festival’ campaign. Additionally, we continued to combine the advantages of mobile communication technologies with sectoral solutions. Most recently, we launched ‘Turkcell Wallet’, which combines commerce and payment systems on a single platform. In addition to the successful performance of [domestic unit] Turkcell, group companies continued to increase their contribution. Turkcell Superonline, providing fibre broadband in Turkey, grew by 51% year-on-year, while our Ukrainian operation increased its revenues by 7% in US dollar terms. We have raised our full year 2012 expectations for group revenue and EBITDA. We now expect revenue in the range of TRY10.3 billion-TRY10.4 billion and EBITDA in the range of TRY3.1 billion-TRY3.2 billion for 2012’.

Daha Fazla Göster

İlgili Makaleler

Bir yanıt yazın

Başa dön tuşu