Subsidiaries Name |
Country of |
Business |
31 December 2017 (%) |
31 December 2016 (%) |
||||||||
Kibris Telekom |
Turkish Republic of Northern Cyprus | Telecommunications | 100 | 100 | ||||||||
Turkcell Global Bilgi |
Turkey | Customer relations management | 100 | 100 | ||||||||
Turktell |
Turkey |
Information technology, value added GSM services and entertainment investments |
100 | 100 | ||||||||
Turkcell Superonline |
Turkey | Telecommunications, television services and content services | 100 | 100 | ||||||||
Turkcell Satis |
Turkey | Sales and delivery | 100 | 100 | ||||||||
Eastasia |
Netherlands | Telecommunications investments | 100 | 100 | ||||||||
Turkcell Teknoloji |
Turkey | Research and development | 100 | 100 | ||||||||
Global Tower |
Turkey |
Telecommunications infrastructure business |
100 | 100 | ||||||||
Financell |
Netherlands | Financing business | 100 | 100 | ||||||||
Rehberlik |
Turkey | Directory Assistance | 100 | 100 | ||||||||
Lifecell Ventures |
Netherlands | Telecommunications investments | 100 | 100 | ||||||||
Beltel |
Turkey | Telecommunications investments | 100 | 100 | ||||||||
Turkcell Gayrimenkul |
Turkey | Property investments | 100 | 100 | ||||||||
Global LLC |
Ukraine | Customer relations management | 100 | 100 | ||||||||
UkrTower |
Ukraine |
Telecommunications infrastructure business |
100 | 100 | ||||||||
Turkcell Europe |
Germany | Telecommunications | 100 | 100 | ||||||||
Turkcell Odeme (1) |
Turkey | Payment services and e-money licence | 100 | 100 | ||||||||
Lifecell |
Ukraine | Telecommunications | 100 | 100 | ||||||||
Turkcell Finansman |
Turkey | Consumer financing services | 100 | 100 | ||||||||
Beltower |
Republic of Belarus | Telecommunications Infrastructure business | 100 | 100 | ||||||||
Turkcell Enerji (2) |
Turkey | Electricity energy trade and wholesale and retail electricity sales | 100 | — | ||||||||
Paycell (3) |
Ukraine |
Payment services and e-money licence |
100 | — | ||||||||
Lifecell Digital (4) |
Turkish Republic of Northern Cyprus | Telecommunications | 100 | — | ||||||||
Belarusian Telecom |
Republic of Belarus | Telecommunications | 80 | 80 | ||||||||
Lifetech |
Republic of Belarus | Research and development | 80 | 80 | ||||||||
Inteltek |
Turkey | Information and Entertainment Services | 55 | 55 | ||||||||
Azerinteltek |
Azerbaijan | Information and Entertainment Services | 28 | 28 |
(1) | Turkcell Odeme operating under “Paycell” brand has been authorized by the Banking Regulation and Supervision Agency (“BRSA”) to operate as an “electronic money institution” and to provide intermediation service for invoice payments. The decision was published in the Official Gazette on 22 July 2017. |
(2) | Turkcell Enerji that will be engaged in electricity energy trade, wholesale sales and retail sales was incorporated on 20 February 2017. The Company is a wholly owned subsidiary of Turktell and has obtained its electricity supply license upon approval from Energy Market Regulatory Authority (“EMRA”) as at 11 May 2017. |
(3) | The company “Paycell LLC” which is established in Ukraine by lifecell and wholly owned by the company granted the “financial company” status on September 21, 2017. Paycell LLC will apply for financial services and local money transfer licenses to provide digital payment services to customers via credit device sales and e-money. |
(4) | The transactions in relation to the incorporation of Lifecell Digital Limited in the Turkish Republic of Northern Cyprus (“TRNC”), which will offer services as an internet service provider, by our wholly-owned subsidiary Kıbrıs Mobile Telekomünikasyon Limited based in TRNC is completed as at 14 December 2017. |