Turkish telecom, 2022 first quarter financial and operational results explained. Türk Telekom’s consolidated revenues increased by 24.8 percent year-on-year and reached TL 9.5 billion. Türk Telekom’s EBITDA (profit before interest, depreciation and tax) grew by 8.2 percent on an annual basis with a 43.5 percent EBITDA margin to reach TL 4.1 billion, and the net profit in the first quarter was TL 561 million.
Investing TL 1.5 billion in the first quarter of 2022 Türk Telekom’s total number of subscribers reached 52.2 million. reached. Increasing the number of fixed broadband subscribers to 14.5 million, Türk Telekom’s fiber subscribers exceeded 10.3 million.
Turkish Telecom’s announcement of the hike that pleases the users!
Türk Telekom made a statement about the hike news that has emerged in recent days. So will prices go up? Here are the details…
Türk Telekom 2022 first quarter financial and operational results
The share of fiber subscribers in Türk Telekom’s fixed broadband base increased from 53.8 percent to 71.2 percent compared to the first quarter of last year. In the first quarter of 2022, Türk Telekom increased its fiber network length to 372 thousand km, and its fiber household coverage reached 30.6 million.
Türk Telekom CEO reminded that TVF (Turkey Wealth Fund) is the majority shareholder of Türk Telekom Ümit Önalemphasized that in line with their commitment to create value for their shareholders, it was decided at the General Assembly to pay 4.95 billion TL cash dividends to their shareholders as of April 28.
Accelerating performance on mobile
Ümit Önal stated that in the first quarter of 2022, both prepaid and postpaid segments achieved a performance above their expectations with a total of 334 thousand net subscriber gains, and said, “While the subscriber increase was mainly due to 300 thousand new postpaid subscribers, the prepaid subscriber acquisition was 35 thousand.
The postpaid subscriber rate in our mobile base reached its highest level with 65.3 percent. Our Prime subscriber base reached 5.2 million subscribers with an annual growth of 48.7 percent. The success of our mobile strategy around the transition to postpaid and premium tariffs was demonstrated by balanced subscriber and ARPU (Average Revenue Per Subscriber) growth.
Annual mixed ARPU growth was recorded as 17.5 percent, up 3.5 percentage points quarter-on-quarter, thanks to our effective pricing strategy and segment-oriented offerings. Postpaid ARPU increased by 14.9 percent year-on-year, while prepaid ARPU increased by 22.3 percent. Accordingly, mobile revenues grew by 23.4 percent for the first quarter, above our expectations.” used the phrases.
How is Türk Telekom fiber work?
Pointing out that the fiber network has grown by 22.3 percent since the end of 2019, it has been increased to 372 thousand km;
“We increased the number of household coverage from 30.2 million at the end of 2021 to 30.6 million. Our total number of fiber subscribers reached 10.3 million, making up 71.2 percent of our total subscriber base, with an increase of 17.4 points compared to the previous year and an increase of 34.2 points since the end of 2019.”