However, according to its CEO Murat Erkan, speaking to Hurriyet at the Consumer Electronics Show (CES) in Las Vegas, it is not looking for financial investors but help to speed up expansion outside Turkey.
Turkcell is listed on the New York Stock Exchange and had revenues of TL9.4 billion (€598.3 million) in Q3 2021.
Hurriyet notes that Turkcell has authorised JP Morgan to find investors for its payment processing company Paycell and talks are ongoing with about 10 potential investors.
Turkcell, which has a presence in Turkey’s TV industry, is currently planning to invest TL270 million in providing fibre internet access to 110,000 households.
Once this investment is completed, its fibre network will be 53,000km long.