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Sector
Telecoms
Size
Large Cap
Market Cap £12.76bn
Enterprise Value £21.14bn
Revenue £7.54bn
Position in Universe 55th / 1832

Turkcell CEO leaves post, replaced by Murat Erkan - sources

Fri 15th March, 2019 7:22am
ISTANBUL, March 15 (Reuters) - Kaan Terzioglu has left his
post as chief executive of Turkey's top mobile phone company
Turkcell  TCELL.IS  and has been replaced by executive vice
president for sales Murat Erkan, two sources familiar with the
situation said on Friday. 
    Turkcell declined to comment on an earlier news report that
Terzioglu had stepped down after becoming CEO in 2015. One
person close to the company told Reuters the Turkcell board
agreed on the move on Thursday. 
    Turkcell's market capitalization was about $5.8 billion at
market close on Thursday, the sixth biggest company listed on
the Istanbul stock exchange. The stock slid 2.2 percent on
Friday. 
    

 (Reporting by Ebru Tuncay and Orhan Coskun; Writing by Daren
Butler; Editing by Jonathan Spicer)
 ((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging:
daren.butler.thomsonreuters.com@reuters.net))
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