On the Record · Turkcell Iletisim Hizmetleri A S
Turkcell Iletisim Hizmetleri A S acquisitions, on the record
The businesses Turkcell Iletisim Hizmetleri A S bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
lifecell, UkrTower and Global LLC (Ukrainian subsidiaries) to NJJ CapitalWord for word“On December 29, 2023, we signed a share transfer agreement with NJJ Capital for the sale of our Ukrainian subsidiaries lifecell, UkrTower and Global LLC.” 20-F for 2023 | agreed divestiture | December 29, 2023 | — |
additional 33.3% stake in Sofra from Belbim Elektronik Para ve Odeme Hizmetleri A.S.Word for word“Posta ve Telgraf Teskilati A.S., the Turkish postal services company, acts as shareholder together with our subsidiary Turkcell Odeme, which acquired an additional 33.3% share of Sofra in August 3, 2023 from Belbim Elektronik Para ve Odeme Hizmetleri A.S., a subsidiary of the Municipality of Istanbul, for TRY 762,690 (not restated for IAS 29), by exercising its pre-emption right pursuant to the existing Shareholders Agreement.” 20-F for 2023 | acquisition | August 3, 2023 | TRY 762,690 |
20% stake in BeST from the State Committee on Property of the Republic of BelarusWord for word“Simultaneously with the Investment Agreement, Turkcell signed a share purchase agreement to acquire a 20% stake in BeST from the State Committee on Property of the Republic of Belarus.” 20-F for 2023 | acquisition | — | — |
Lifecell TV (acquired by Superonline through a partial demerger)Word for word“On July 10, 2023, all of the shares of Lifecell TV were acquired by Superonline through a partial demerger.” 20-F for 2023 | acquisition | July 10, 2023 | — |
Beltel (wholly owned subsidiary merged into the Company)Word for word“On August 18, 2023, our Company merged with our wholly owned subsidiary, Beltel via a facilitated procedure.” 20-F for 2023 | merger | August 18, 2023 | — |
lifecell LLC, UkrTower LLC and Global LLC (Ukrainian subsidiaries)Word for word“On September 9, 2024, the Company announced that the transfer of shares, along with all rights and liabilities of lifecell, LLC Global, and UkrTower had been completed.” 20-F for 2024 | divestiture | September 9, 2024 | — |
Sofra (remaining 33.3% stake from Posta ve Telgraf Teşkilatı A.Ş.)Word for word“On October 21, 2024, an additional 33.3% stake in Sofra was acquired by Turkcell Ödeme, which already held a 66.6% shareholding, from Posta ve Telgraf Teşkilatı A. Ş.” 20-F for 2024 | acquisition | October 21, 2024 | — |
Dijital Eğitim Teknolojileri A.Ş. (remaining 49.0% stake from Şahinkaya Özel Eğitim Kurumları A.Ş.)Word for word“On July 26, 2024, Turkcell Dijital İş Servisleri A.Ş. completed the acquisition of the remaining 49.0% stake in Dijital Eğitim Teknolojileri A.Ş. (“Dijital Eğitim”) from Şahinkaya Özel Eğitim Kurumları A.Ş. for TRY 45.6 million (VAT included, not restated as per IAS 29), reaching full ownership.” 20-F for 2024 | acquisition | July 26, 2024 | TRY 45.6 million (VAT included, not restated as per IAS 29) |
Boyut Enerji (Boyut Grup Enerji Elektrik Üretim)Word for word“Turkcell Enerji acquired the entire shares of Boyut Enerji by means of a share transfer completed on August 18, 2021.” 20-F for 2024 | acquisition | August 18, 2021 | — |
BeSTWord for word“On July 29, 2008, Beltel signed a share purchase agreement to acquire an 80% stake in BeST, which provides services using GSM and UMTS technologies, for a consideration of USD 500 million.” 20-F for 2025 | acquisition | — | USD 500 million |
20% stake in BeSTWord for word“The share transfer was completed on December 9, 2022.” 20-F for 2025 | acquisition | December 9, 2022 | — |
Sofra (33.3% stake)Word for word“On October 21, 2024, Turkcell Ödeme acquired a 33.3% stake in Sofra from Posta ve Telgraf Teşkilatı A.Ş., thereby completing the acquisition of all remaining shares and reaching 100% ownership.” 20-F for 2025 | acquisition | On October 21, 2024 | — |
Boyut EnerjiWord for word“Turkcell Enerji acquired the entire shares of Boyut Enerji by means of a share transfer completed on August 18, 2021.” 20-F for 2025 | acquisition | August 18, 2021 | — |
Artel Bilişim Servisleri A.Ş.Word for word“On December 31, 2025, Artel merged with the Company through a simplified merger procedure, upon which all assets and liabilities of Artel — including the shares of Turkcell Teknoloji— were transferred to the Company.” 20-F for 2025 | merger | On December 31, 2025 | — |
Read from Turkcell Iletisim Hizmetleri A S’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.