Turkcell Reports Q3 2026 Growth Driven by Digital Services and Fiber Expansion

Turkcell (TKC) reported strong third-quarter 2026 results, characterized by a 6.2% year-over-year real increase in revenue to TRY 82 billion. The company saw significant expansion in its digital business services, which grew 65% year-over-year, and maintained an improved EBITDA margin of 44.2%. Growth was largely driven by high-value postpaid additions and substantial increases in Average Revenue Per User (ARPU) for both mobile and residential fiber segments. The company is aggressively diversifying into fintech and infrastructure, with Paycell revenue rising 23% and a growing system integration backlog of TRY 21.6 billion. While Turkcell is investing heavily in hyperscale data centers for clients like Google Cloud, management noted that global memory supply constraints and geopolitical uncertainties may cause a gradual growth trajectory for the cloud segment moving forward.

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