Türk Telekom subscriber number and revenue! (2023)

Turkish telecomcontinues its investments as one of Turkey’s largest telecommunication companies. The company, which has achieved significant success every year, shared its financial data for 2023. Thus Turkish telecomIt has become clear how much investment has been made, the income it has generated and the number of subscribers. Here is the data…

The number of Türk Telekom subscribers exceeded 52.9 million!

Turkish telecom According to the statement made by the company, it was the company that invested the most in the sector last year. Accordingly, in total $25.8 billionIt made a name for itself with an investment of . The company’s consolidated revenues in 2023 will be 9.6 percent increasing at the rate 100.2 billion TLIt rose to . Net profit is 16.4 billion TL It was announced as.

The most preferred operator in mobile number porting for 9 consecutive quarters Turkish telecom‘s number of mobile subscribers 26.2 millionreached. The total number of subscribers is to 52.9 million Let’s say it’s out. The fiber infrastructure length of Türk Telekom, which is working intensively for fiber internet, will be as of the end of 2023. 437 thousand kilometersreached. The number of households benefiting from fiber internet is 32.2 millionIt went up to . This figure will be at the end of 2022 31.4 milliondu.

Türk Telekom, which has pioneered important projects by transitioning to 5G with domestic elements, has held the title of market leader in the Cyber ​​Security Services category for three consecutive years, according to the data of the market research company International Data Corporation (IDC). At this point, let us say that the company increased the localization rate in cyber security products, which was 26 percent in 2018, to approximately 65 percent in 2023.

Evaluating the 2023 financial and operational results, Türk Telekom CEO Ümit Önal made the following statements;

The course we observed in the important performance indicators that we follow closely in the first months of the year supports this view, and we expect a gradually improving macroeconomic environment that we expect will support our business lines in the coming quarters. On this basis, we believe that we will achieve the ambitious targets we have set for the coming year. Consolidated revenues, which were 91.4 billion TL in the previous year, grew by 9.6 percent and rose to 100.2 billion TL.

Fixed internet and mobile accounted for 70.4 percent of total operating income. Mobile made the biggest contribution to growth, generating 6.4 billion TL higher revenue compared to the previous year. The 13.2 percent increase in enterprise data revenue was driven largely by growth in managed services, including cybersecurity and data center services.

The strong 29 percent growth in other revenues was supported by ICT solutions, call center and device sales revenues. While net profit will be 16.4 billion TL in 2023, total investment expenditures increased to 25.8 billion TL. However, the ratio of investment expenditures to income decreased by 50 basis points compared to last year and reached 25.7 percent.

According to the FTTH Council’s “September 2023 FTTH/B Europe Market Panorama” report covering 39 countries, Turkey jumped one step and ranked 2nd in the number of FTTH/B household coverage. In the twelve-month period until September 2023, Turkey increased FTTH/B household coverage by 2.3 million, with a contribution of 1.5 million from Türk Telekom.

In addition, in Turkey, which became the 3rd fastest growing market with an increase of 1 million FTTH/B subscribers in the same period, 0.8 million of this increase was provided only by Türk Telekom. As Turkey’s fiber power, we continue our determination to bring fiber to every corner of the country.

Our fiber network, which spreads across all 81 provinces of Turkey, reached 437 thousand km by the end of the year. Fiber household coverage, which was 31.9 million as of 3Q’23 and 31.4 million as of 2022, reached 32.2 million by the end of the year. While FTTC household coverage reached 20.5 million, FTTH/B household coverage increased to 11.8 million. Our total number of fiber subscribers reached 12.9 million, accounting for 84.7 percent of our total number of subscribers, an increase of 7 points compared to the previous year.

We are the pioneers of many projects and studies that carry our country into the future with our 5G trials in many areas. We have implemented important projects such as the first 5G-supported online remote surgery, the first smart tractor in agriculture, and the first 5G live match broadcast. The fact that the technologies used in all our projects are implemented by Türk Telekom engineers is among the biggest indicators of our efforts for domestic and national technologies.

Mobile had a very strong performance in 2023. Total number of subscribers as a percentage during the year While it increased by 2.8 percent, the number of postpaid subscribers increased by 9.5 percent. Average data usage of LTE subscribers grew by 23.4 percent annually. The number of upsells, excluding those made during commitment renewal, was 46 percent higher than the previous year in all of 2023. The effects of strong customer demand for our mobile services and our strategy, which we expect to remain effective in the coming periods, were evident in these figures.

As a result of our continuous investments, we are strengthening our position in the sector day by day in terms of coverage and capacity. After the 4.5G tender, we tripled our frequency ownership. We are the market leader in frequency per subscriber, which is important for speed, and in 1800 Mhz frequency ownership, which is also critical for 5G.

Fiber infrastructure, which enables high-speed internet access, also plays a vital role in the implementation of innovative technologies. In order to use 5G effectively, base stations must also be connected via fiber. In order to do our part in this regard, we have already connected more than half of our LTE base stations to fiber.

In this sense, we are the operator most ready for 5G. According to the Advertising and Brand Health Research, which is repeated every quarter, we are the leader in the ‘Loyal Customer Creation’ rate. Our figures, which have been steadily increasing for the last 3 years, confirm these results.

We are taking important steps together with our stakeholders to control our environmental impact and reduce our carbon footprint. These include our important work focusing on energy efficiency, diversification of energy sources, renewable energy, clean transportation and waste management. Increasing our 2023 CDP score by two notches compared to the previous year to B (Management) is proof of our commitment to climate action.

In the comparison of category scores, we achieved the highest grade of A in both the “Emission reduction initiatives and low-carbon products” and “Scope 1 and 2 emissions (including verification)” categories. We will continue our efforts to increase our overall CDP score to A (Leadership) in the coming periods.