Türk Telekom, Turkey’s largest service provider, announced its revenue, net profit, investment expenditures, fiber network length and total number of subscribers in the last 3 quarters of 2022. Here are the details…
Türk Telekom announced 32.8 billion TL consolidated revenue for 3 quarters!
When we look at the data shared by Türk Telekom, we see that the consolidated revenue has increased by 34.2 percent in the first 9 months of 2022 and reached 32 billion 755 million TL. In addition, EBITDA, that is, profitability before interest, depreciation and tax, is 13.6 billion TL.
It is said that approximately one-fifth of the income, ie 7 billion 83 million TL, is used for investment expenditures. In this process, the net profit of the company was 3 billion 124 million TL.
In addition, as a result of the investments and infrastructure works, it is stated that the fiber network length has been increased to 389 thousand km by the end of September 2022, reaching 31.1 million households. Of course, this increase will be reflected in the number of subscribers. It is said that the total number of subscribers reached is 52.8 million.
Türk Telekom CEO Ümit Önal said in a statement on the subject:
“With our actions that we started to see positive results, we recorded a noticeable improvement in the third quarter growth figures. Our customers who trust us, our high-quality human resources and our cutting-edge technology are our richest resources to achieve our goals.”