Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC)

CAPS Rating: 4 out of 5

The Company is a provider of mobile services in Turkey. It provides mobile voice and data services over its GSM network.


Player Avatar Money2themax (20.06) Submitted: 5/7/2008 12:28:06 AM : Underperform Start Price: $17.98 TKC Score: +68.02

TKC is a very good company that has to put up with a corrupt marketplace and a government whose policies and greed throw off proper business planning. Still, the Turkish people rely on their cellphones because the landlines are not as good and this has kept TKC in the game. This company can, and has been a mover, but only in limited spurts when, for whatever reason, the economic conditions haven't been fouled up by the government. TKC management is tenacious and clever-- and while the Turkish government is a huge obsticle and allowing compeditors that should have been toast to gain market share-- you cannot ever count this company out.
Sadly, for now, one must wait until Turkish market conditions allow for a real turn-around. Good long-term investment however IF compeditors remain small.

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