Publishing its report for the first quarter of 2022, Turkcell has increased by 36.7 percent in the first three months of 2022 compared to the same period of the previous year. 10.7 billion TL revenue achieved. On a group basis, EBITDA increased by 30.1 percent to reach TL 4.3 billion, while the company’s EBITDA margin was 40.2 percent.
The company gained 577 thousand new customers in the first quarter of 2022, thus reaching 40 million total customers. thus, it has achieved more than half of its 1 million new customer target set for the new year.
- What is favok? – Shows a company’s earnings before interest, taxes, depreciation and depreciation, i.e. profits from a company’s main operations.
Turkcell announced its 2022 first quarter results!
Reaching a new record by signing nearly a thousand new contracts in the first quarter of the year. Turkcell Digital Business ServicesIT services continued to lead the market, with revenue this quarter compared to the same period last year. 791 million TL with 75.2 percent growth it happened.
The number of system integration and managed services projects implemented so far has reached 2,310. These projects have a total contract value of 1.9 billion TL (backlog), which will turn into revenue in the future.
In line with the demand for digital transformation accelerated by the COVID-19 pandemic, data center and cloud technologies revenues offered to companies nearly doubled in the first quarter.
Paycell grew by 67.2 percent in the first quarter
Turkcell’s techfin revenues increased by 58.5 percent in the first quarter of 2022 with the contribution of Paycell and Financell. Paycell left behind the first quarter of the year with a growth of 67.2 percent. While the number of active users for 3 months reached 6.9 million, the total transaction volume of Paycell tripled compared to the same period of the previous year and reached 6.7 billion TL.
Paycell increased the number of Android POS devices by 66 percent to 9,600. The transaction volume of POS solutions doubled to TL 2.1 billion with the contribution of virtual POS services.
The number of paid users of Turkcell’s cloud-based storage service Lifebox reached 1.4 million, an increase of 50 percent compared to the same period of the previous year. The total number of downloads of the instant messaging application BiP reached 92 million, with one out of every 5 active users of BiP from abroad.
Turkcell has almost 3 million fixed internet connection
Reaching a loan portfolio of TL 2.3 billion with an annual increase of 24 percent, Financell’s revenues increased by 50 percent in this quarter with the contribution of the insurance business. While the total number of fixed internet customers exceeded 2.7 million, Turkcell TV+ service took place in 65 of every 100 fiber customers.
Commenting on the financial and operational results for the first quarter of 2022 Turkcell General Manager Murat Erkan in its evaluation;
“As Turkcell, we continued to show a strong performance in the first three months of the year with our ‘Customer First’ focus.
In the first quarter of 2022, increases in energy and other basic costs and regional tensions; Despite challenging macroeconomic conditions, we continued our strong revenue and customer growth with our customer-focused approach, analytical competencies and the right actions we took at the right times.”