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Subsidiaries
12 Months Ended
Dec. 31, 2024
Subsidiaries  
Subsidiaries

39.Subsidiaries

The Group’s ultimate parent company is TVF, while subsidiaries, associates and a joint venture of the Company as at 31 December 2024 and 31 December 2023 are as follows:

Effective Ownership Interest

Subsidiaries

Country of

31 December

31 December

Name

    

Incorporation

    

Business

    

2024 (%)

    

2023 (%)

Turktell

 

Türkiye

 

Information technology, value added GSM services and entertainment investments

 

100

 

100

Turkcell Superonline

 

Türkiye

 

Telecommunications, television services and content services

 

100

 

100

Turkcell Dijital

Türkiye

Digitalization services and products

100

100

Dijital Egitim (**)

 

Türkiye

 

Dijital educations

 

100

 

51

Turkcell Satış

 

Türkiye

 

Sales, delivery and digital sales services

 

100

 

100

Turkcell Teknoloji

 

Türkiye

 

Research and development

 

100

 

100

Turkcell Gayrimenkul

 

Türkiye

 

Property investments

 

100

 

100

Turkcell Enerji

Türkiye

Electricity energy trade and wholesale and retail electricity sales

100

100

Boyut Enerji

 

Türkiye

 

Electricity energy trade and wholesale and retail electricity sales

 

100

 

100

Turkcell Finansman

 

Türkiye

 

Consumer financing services

 

100

 

100

Turkcell Sigorta

 

Türkiye

 

Insurance agency activities

 

100

 

100

Turkcell Dijital Sigorta

 

Türkiye

 

Dijital agency activities

 

100

 

100

Turkcell Ödeme

 

Türkiye

 

Payment services and e-money license

 

100

 

100

Lifecell Dijital Servisler

 

Türkiye

 

Development and providing of digital services and products

 

100

 

100

Lifecell Bulut

 

Türkiye

 

Cloud solutions services

 

100

 

100

Lifecell TV

 

Türkiye

 

Online radio, television and on-demand streaming services

 

100

 

100

Lifecell Müzik

Türkiye

Radio, television and on-demand streaming services

100

100

Global Tower

 

Türkiye

 

Telecommunications infrastructure business

 

100

 

100

Atmosware Teknoloji

 

Türkiye

 

Develop software products and services, training software developers

 

100

 

100

UkrTower (*)

 

Ukraine

 

Telecommunications infrastructure business

 

-

 

100

Beltower

 

Republic of Belarus

 

Telecommunications infrastructure business

 

100

 

100

East Asia

 

Netherlands

 

Telecommunications investments

 

100

 

100

Kıbrıs Telekom

 

Turkish Republic of Northern Cyprus

 

Telecommunications

 

100

 

100

Lifecell Digital

 

Turkish Republic of Northern Cyprus

 

Telecommunications

 

100

 

100

Turkcell Dijital Technologies

 

Turkish Republic of Northern Cyprus

 

Electronic payment services

 

100

 

100

Turkcell Global Bilgi

 

Türkiye

 

Customer relations and human resources management

 

100

 

100

Global LLC (*)

 

Ukraine

 

Customer relations management

 

-

 

100

Rehberlik

 

Türkiye

 

Directory assistance

 

100

 

100

Lifecell Ventures

 

Netherlands

 

Telecommunications investments

 

100

 

100

Lifecell (*)

 

Ukraine

 

Telecommunications

 

-

 

100

Paycell LLC

 

Ukraine

 

Consumer financing services

 

100

 

100

Paycell Europe

 

Germany

 

Payment services and e-money

 

100

 

100

Yaani

 

Netherlands

 

Internet search engine and browser services

 

100

 

100

BiP B.V.

 

Netherlands

 

Providing digital services and products

 

100

 

100

BiP A.S.

 

Türkiye

 

Providing digital services and products

 

100

 

100

BeST

Republic of Belarus

Telecommunications

100

100

Turkcell GSYF

Türkiye

Venture capital investment fund

100

100

W3

Türkiye

Information technology

-

100

Sofra (***)

Türkiye

Meal coupons and cards

100

66

Artel (*****)

Türkiye

Data processing

100

-

Ultia

Türkiye

Information technology

100

100

TDC (****)

Türkiye

Data processing

100

-

Lifetech

 

Republic of Belarus

 

Information technology, programming and technical support

 

100

 

100

(*) UkrTower, Global LLC and Lifecell have been sold on 9 September 2024.

(**) The registration regarding the acquisition of shares of Dijital Eğitim Teknolojileri A.Ş. (“Dijital Eğitim”) was completed on 2 August 2024.

39.Subsidiaries (continued)

(***) On 21 October 2024, the Group acquired the remaining 33.3% of shares in Sofra Kurumsal ve Ödüllendirme Hizmetleri A.Ş. (“Sofra”), which was previously a joint venture, resulting in the transfer of control of Sofra to the Group.

(****) TDC Veri Hizmetleri A.Ş was established on 11 July 2024.

(*****) Artel Bilişim Servisleri A.Ş was established on 16 August 2024.

    

    

    

Effective Ownership Interest

Associates

Country of

31 December

31 December

Name

    

Incorporation

    

Business

    

2024 (%)

    

2023 (%)

TOGG

 

Türkiye

 

Electric passenger car development, production and trading activities

 

23

 

23