Bloomberg News

Turkcell Expects 330 Million Liras 4th-Quarter Profit

February 17, 2012

(Corrects to say 263 million liras estimate for costs at Belarus unit is no longer valid.)

Feb. 17 (Bloomberg) -- Turkcell Group expects consolidated net income of 330 million liras ($188.1 million) in the fourth quarter, said Turkcell Iletisim Hizmetleri AS, the country’s biggest mobile phone company.

Previous guidance for currency losses of 263 million liras at Belarus unit BeST is no longer valid, Turkcell said in a filing with the Istanbul Stock Exchange today.

Turkcell shares rose 1.7 percent to 9.76 liras at 5:30 p.m. on the exchange today.

--Editor:

To contact the reporter on this story: Mark Bentley in Istanbul at mbentley3@bloomberg.net

To contact the editor responsible for this story: Riad Hamade at rhamade@bloomberg.net


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