Istanbul (ots/PRNewswire) - Turkcell , the leading communications and technology company in Turkey, has been honored for having the Most Improved Online Annual Report in Europe by the 2012 Investor Relations Global Rankings ("IRGR").
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IRGR's online annual report ranking evaluation is aimed at identifying companies with an ability to present their corporate identity in an energetic and engaging manner. In the initial phase, 117 companies from 23 countries from the North American and the European regions participated in this year's IRGR awards, including a number of the world's leading multinational organizations. Turkcell was evaluated in the Europe region, along with other leading European corporations such as BASF, Bayer, Shell and Philips.
Commenting on the award, Nihat Narin, Head of Investor and International Media Relations at Turkcell, said: "We are very proud to have received IRGR awards for the third consecutive year due to our excellence in Investor Relations practices. We strive to provide both our company and our shareholders maximum value without compromising on our principles of transparency, reliability, accountability, and trustworthiness."
Mr. Narin continued: "With ongoing changes in the digital world, it is important to stay connected with our key stakeholders in every forum. We will continue to enhance our digital communications to ensure that we sustain best practice IR standards in Europe and in the US."
Head of IR Global Rankings, Luar Huber, commented that, "Turkcell was committed to raising its quality standards in continuously communicating with the investment community."
ABOUT IR GLOBAL RANKINGS
Solid communication with the investment community is a key priority for investor relations and corporate governance professionals, once value creation (stock prices) and risk perception can be managed. The implementation of best practices in communicating with the capital markets and fair disclosure procedures do help companies in earning and maintaining investor confidence. The annual IR Global Rankings and Awards survey is the most comprehensive auditing and ranking system for IR websites, corporate governance practices and financial disclosure procedures - a great opportunity to benchmark IR efforts vis-à-vis peers and industry leaders. Based on extensive proprietary research of publicly held companies and investors, and supported by input from independent audit, corporate governance and legal experts, IR Global Rankings methodology is highly detailed, transparent and fully accessible to all participants. The annual IR Global Rankings and Awards have grown each year since 1999.
Turkcell is the leading communications and technology company in Turkey, with 34.5 million subscribers and a market share of approximately 53% based on December 31, 2011 results (since the Authority has not disclosed subscriber market shares for Q1 2012). Turkcell is a leading regional player, with market leadership in five of the nine countries in which it operates with its approximately 65.3 million subscribers as of March 31, 2012. The company covers approximately 88% of the Turkish population through its 3G and 99.13% through its 2G technology supported network. It has become one of the first among the global operators to have implemented HSDPA+ and achieved a 43.2 Mbps speed using the HSPA multi carrier solution. Turkcell reported a TRY2.4 billion (US$1.3 billion) net revenue with total assets of TRY17.2 billion (US$9.7 billion) as of March 31, 2012. It has been listed on the NYSE and the ISE since July 2000, and is the only NYSE-listed company in Turkey. Read more at http://www.turkcell.com.tr
For further information please contact Turkcell Nihat Narin Division Head of Investor and International Media Relations Tel: +90-212-313-1244 Email: firstname.lastname@example.org Banu Uzgur International Media Relations Manager Tel: +90-212-313-1506 Email: email@example.com firstname.lastname@example.org
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