Turkcell Finalizes Merger by Acquisition of Wholly Owned Subsidiary Artel
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Turkcell İletişim Hizmetleri A.Ş. has completed a merger with its wholly owned subsidiary Artel Bilişim Servisleri A.Ş., formalized on December 31, 2025. The merger, approved by the Turkish Capital Markets Board, does not alter Turkcell's paid-in capital of TRY 2.2 billion, indicating a legal and structural simplification. Analysts rate Turkcell stock (TKC) as a Buy with a price target of $6.50, citing strong financial performance and strategic achievements in 5G and digital services, though caution is advised due to competitive pressures.
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