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Turkcell Announces Subsidiary Liquidation Amidst Market Changes
Company Announcements

Turkcell Announces Subsidiary Liquidation Amidst Market Changes

Turkcell Iletisim Hizmetleri As (TKC) has released an update.

Turkcell Iletisim Hizmetleri A.S. has announced the liquidation of its wholly owned subsidiary, Rehberlik Hizmetleri Servisi A.Ş., citing market shrinkage, the advent of new technologies, and a decline in revenue sources as the primary reasons for the decision. The move follows a strategic evaluation of market conditions and will be of particular interest to investors monitoring Turkcell’s portfolio adjustments.

For further insights into TKC stock, check out TipRanks’ Stock Analysis page.

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