Turkcell's founding shareholders are Sonera Holding, formerly known as
Telecom Finland Ltd. and currently owned by TeliaSonera, Çukurova Group and MV Holding.
Çukurova Group is one of Turkey 's leading conglomerates, active in insurance, media,
trade, industrial services, communications, information technology and tourism.TeliaSonera
was formed in December 2002 with the merger of Sonera Corporation, a Finnish telecommunications
provider, and Telia, a telecommunications operator in Sweden . Currently it is a
major GSM operator particularly in Scandinavia .
Working together, these companies have contributed to the success of Turkcell, combining
the expertise of Sonera in building GSM networks and Çukurova's local market knowledge
and experience in marketing and distribution. The nominal value of the issued share
capital of Turkcell is TRY 2,200,000,000 consisting of 2,200,000,000 shares each
with a nominal value of 1.00 TRY per share.*
Turkcell shares are listed on the Istanbul Stock Exchange as ordinary shares and
on the New York Stock Exchange as the American Depositary Shares (ADS). since July
11, 2000 . Currently 2 ADS represents 5 tradable shares .
Turkcell's registered shareholders are summarized in the table below:
| Shareholder |
Value of Stake (TRY) |
Percentage of
Share Capital |
| Turkcell Holding A.Ş. |
1,122,000,000.238 |
51.00% |
| Çukurova Holding A.Ş. |
995.509,429 |
0.05% |
| Sonera Holding B.V. |
287,632,179.557 |
13.07% |
| MV Holding A.Ş. |
51,021,712.590 |
2.32% |
| Other |
137.199,575 |
0.01% |
| Publicly Traded |
738.213.398,611 |
33.55% |
| TOTAL |
2,200,000,000 |
100.00 % |
This Shareholding structure of Turkcell İletişim Hizmetleri A.Ş. is as of June 30, 2010.
*According the Articles of Association of the Company there are no share privileges
on the voting rights and management rights.