Turkcell Swaps Main Focus From Home To International Markets

Stronger competition in the Turkish mobile market has seen market leader Turkcell report weak revenues for the last quarter of 2006, which stood at US$1.20bn, a 0.3% rise over the quarter, surprising, given that Q4 is traditionally viewed as a seasonally strong period. The limited growth in revenues was attributed to the 3% growth in its subscriber base, which stood at 31.8mn users. However, this provided the operator with a reduced market share of 60.5%, against 61.5% in Q306, largely as market pressures from rival operators' Telsim-Vodafone and Avea began to show, as their ownership and strategy restructuring started to take shape.

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