FreeMove Alliance Expands its European Footprint With Turkcell

Oct 19, 2010, 04:50 ET from Turkcell

ISTANBUL, October 19, 2010 /PRNewswire-FirstCall/ -- Turkcell (NYSE: TKC, ISE: TCELL), the leading communications and technology company in Turkey, has joined the FreeMove Alliance the mobile telecommunications alliance between Deutsche Telekom Group, Orange France Telecom Group, TeliaSonera and TIM (Telecom Italia Group) as a partner. This move will further add to the alliance's offering to the multinational market by strengthening its foothold in Turkey, one of Europe's key business markets.

With 62 million subscribers across eight countries, Turkcell is the third largest operator in Europe in terms of subscriber numbers, supporting a growing number of multinational clients in telecommunication management. With this partnership, FreeMove now spans 36 countries across Europe, as well as the USA and Brazil.

Emre Sayin, Chief Corporate Business Officer, Turkcell said: "We are proud to become a partner of the FreeMove Alliance as together we represent an established and successful international alliance and operator group offering seamless solutions to multi-national customers. This partnership will give us the edge over our competitors as we now have the ability to greatly increase our international presence giving our clients an extension of the Turkcell benefits . We look forward to being a part of the alliance to give our customers benefits such as harmonized offers, predictability, good value for money and managed services and working with Deutsche Telekom Group, Orange France Telecom Group, TeliaSonera and TIM."

About Turkcell

Turkcell is the leading communications and technology company in Turkey with 33.9 million postpaid and prepaid customers and a market share of approximately 55% as of June 30, 2010 (Source: Operators' announcements). Turkcell provides high quality data and voice services to approximately 80% of the Turkish population through its 3G technology supported network and to 99.05% of the Turkish population through its 2G technology supported network.. Turkcell reported TRY 2.2 billion ($ 1.5 billion) net revenue for the period ended June 30, 2010 and its total assets reached TRY 14.0 billion ($ 8.9 billion) as of June 30, 2010. Turkcell has become one of the first operators among the global operators to have implemented HSDPA+ and to reach to 42.2 Mbps speed with HSPA multi carrier solution. Turkcell is a leading regional player and has interests in international mobile operations in Azerbaijan, Belarus, Georgia, Kazakhstan, Moldova, Northern Cyprus and Ukraine which, together with its Turkish operations, had approximately 62.0 million subscribers as of June 30, 2010. Turkcell has been listed on the NYSE and the ISE since July 2000 and is the only NYSE-listed company in Turkey and is among the top 15% of companies listed on NYSE by its size as of April 2010. 51.00% of Turkcell's share capital is held by Turkcell Holding, 0.05% by Cukurova Holding, 13.07% by Sonera Holding, 2.32% by M.V. Group and 0.01% by others while the remaining 33.55% is free float. Read more at http://www.turkcell.com.tr/en

About FreeMove

FreeMove is a mobile telecommunications alliance between Deutsche Telekom Group, Orange France Telecom Group, TeliaSonera and TIM (Telecom Italia Group). It was founded in 2003 and is committed to providing customers with seamless access to mobility services without complexity, particularly in the multinational market, FreeMove currently spans 36 countries across Europe, the USA and Brazil. Further information about the FreeMove alliance can be found on its website, http://www.freemovealliance.com

    For further information please contact Turkcell
    Nihat Narin, Investor and International Media Relations
    Tel: +90-212-313-1244
    Email: nihat.narin@turkcell.com.tr
    investor.relations@turkcell.com.tr
    http://www.turkcell.com.tr

SOURCE Turkcell