Turkcell Sails into Q1 2026 with Record-Breaking Results
Turkcell, one of Turkey's leading telecommunications companies, has released its first-quarter 2026 financial results, showcasing a phenomenal performance that reinforces the company's clear leadership in mobile and solidifies its position for long-term success.
On March 31st, Turkcell successfully launched its nationwide 5G network, which was supported by a powerful go-to-market strategy. The company secured 25% more capacity than its closest competitor, creating a network of superior scale and positioning it for long-term demand. To accelerate 5G adoption, Turkcell expanded data package allowances fivefold and introduced compelling smartphone campaigns, including ads featuring global celebrity Shaquille O'Neal that resonated strongly with customers.
The company proved the real-world power of its network through high-impact use cases, such as successfully testing remote driving of a TOGG T10F over 150 kilometers distance. Turkcell also conducted live speed tests across Turkey's 81 different cities, achieving speeds exceeding 2,000 megabits per second – more than twice the capacity of its competitors.
Turkcell's market is now more solid and resilient than ever, thanks to flawless execution across all domains. The company secured 40% of the 5G spectrum in the tender, further reinforcing its long-term capacity dominance. On the fixed side, Turkcell drove value-led growth by promoting multi-gigabit per second fiber offerings, with currently 20% of customers on plans with speeds exceeding 1 gigabit per second.
Digital Business Services delivered robust growth through corporate digitization, supported by sustained momentum in data center and cloud services. The company further strengthened its balance sheet by securing $1 billion in Murabaha financing, preserving investment capacity while supporting a healthy leverage profile.
Key highlights from the quarter include:
- 9% year-on-year revenue growth, exceeding TRY 68 billion;
- Group EBITDA increased to TRY 28 billion with a margin of 41.4%;
- Net income increased by 15% to TRY 4.6 billion with disciplined financial management;
- 661,000 postpaid net additions in the mobile segment;
- Data center and cloud business revenues increased by 20.8%, maintaining a strong trajectory.
Turkcell's results once again proved its ability to monetize the broader digital ecosystem, solidifying its position as a leader in the telecommunications industry.