Türk Telekom Announces Total Number of Subscribers

Türk Telekom announced its financial status report for 2021. The company’s CEO Ümit Önal In the statements made by Türk Telekom, it was stated that the company’s revenues increased to 34.3 billion TL and the net profit of Türk Telekom increased to 5.8 billion TL. The total number of customers benefiting from Türk Telekom services is increased to 51.8 million specified. This figure means that more than half of Turkey’s population is in some way Türk Telekom customers.

Ümit Önal, Türk Telekom in 2021 infrastructure works also mentioned. In the statements made, it was stated that 8.5 billion lira investment expenditure was made during the past year. According to Ümit Önal, Türk Telekom will invest 12.5 billion TL in 2022. These investments will be the expansion of fiber infrastructure, artificial intelligence technologies and studies related to 5G. Onal, for now 366 thousand kilometers He said that the fiber network will be further increased this year.

“We exceeded our 2021 projections”

Ümit Önal stated that they exceeded the predictions in their evaluations for 2021. Türk Telekom CEO’s statements are as follows:

“Our company finished the year with outstanding operational and financial results. Consolidated revenues on an annual basis in Q4 28.9 percent growth recorded the highest increase since the IPO. Operational revenue grew 21.2 percent in the last quarter to reach its highest annual growth of 19.5 percent, beating our revised 18 percent forecast for the full year. For 2022, revenue growth of approximately 23 to 25 percent, EBITDA of approximately 17.5 billion TL to 18.3 billion TL, and approximately 12.5 billion TL investment expenditure we foresee.

Total subscriber count of Türk Telekom, which gained 1.5 million net subscribers in 2021 reached 51.8 million. Fixed broadband internet subscribers rose to a total of 14.3 million. The total number of fiber subscribers, which makes up 67 percent of the fixed internet base, increased by 54.3 percent in 2021 and reached 9.6 million. Fixed broadband ARPU growth backed by pricing, new subscriber acquisitions and upgrades year-on-year in 2021 reached 14.2 percent. While the number of mobile subscribers reached 24 million with a net increase of 844 thousand in the postpaid and prepaid segments, mobile ARPU grew by 13.8% annually.

Increasing digitization, adaptable new business models and changing socialization tools The demand for speed and data has become permanent. Data consumption on fixed broadband increased by more than 48 percent in 2021. Since the beginning of the pandemic, our customers, whose numbers have reached millions, are unlimited and to higher speed packets we raised.

A similar trend is to postpaid, premium to packages or continued on the mobile side with the acceleration in the transition to higher packages. We closed 2021 with pride in our agility, high efficiency, customer-focused strategies and solid performance. In order to make each of our subscribers and stakeholders feel valuable in 2022, with great motivation We will continue on our way.

In 2022, our company maintain its financial strengthWe will continue to create value, expand our ecosystem and explore new initiatives.”