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Türk Telekom's 2022 Annual Report "Digital Türkiye: A New Future" has picked three awards at the LACP Vision Awards, which is recognised as one of the world's most esteemed platforms for public relations and report rating.
Türk Telekom's 2022 Annual Report, which recently garnered awards from the ARC, again one of the most prestigious report rating programs worldwide, has been honored with the "Gold" award in the "Telecommunications" category globally at the LACP Vision Awards. Additionally, the report has received the "Silver" award in the "Best Report Financials" category within the EMEA region, as well as the "Technical Achievement" award in the "Aesthetic and Communicative Excellence of the Report" category.
Türkiye's leading information and communication technology company, Türk Telekom, has been recognised and awarded in three categories at the LACP (League of American Communications Professionals) Awards, a prestigious event that has seen participation from numerous international organisations and sectors since 2001. The company received accolades in the categories of "Telecommunications", "Regional Special Achievement Award: Best Report Financials", and "Aesthetic and Communicative Excellence of the Report." Türk Telekom received the "Gold" award in the “Telecommunications” category, "Silver" in the "Regional Special Achievement Award: Best Report Financials" category, and "Technical Achievement" in the "Aesthetic and Communicative Excellence of the Report" category. The report scored 98 out of 100 points in the LACP Vision Awards and received full points from the jury in criteria such as first impression, cover design, executive message, report narrative, presentation of financial information, and clarity of messages.
Türk Telekom, the pioneer of digital transformation in Türkiye and a leading digital technology company shaping today and in the future, showcases numerous innovations and technological advancements in its 2022 Annual Report. The report also provides valuable insights into the company's digitalisation efforts through dedicated theme pages.
For over two decades, LACP, based in San Diego and renowned as one of the world's most respected platforms for public relations and report evaluations, has attracted a diverse global audience. The competition, which assesses annual reports based on their creativity, is widely recognised as one of the most prestigious awards in the business world.
Türk Telekom's 2022 Annual Report "Digital Türkiye: A New Future" received awards in 3 different categories in the telecommunications sector from ARC Awards, one of the most prestigious report rating awards globally.
Türkiye's premier information and communication technologies company, Türk Telekom, garnered the honorary awards for its 2022 Annual Report titled "Digital Türkiye: A New Future" at the ARC Awards, a globally renowned competition in the field of international awards.
Kaan Aktan, Chief Financial Officer at Türk Telekom, said: "As the leader of Türkiye's digital transformation, Türk Telekom plays a pioneering role in the field of finance like in many other areas with our value-generating approach. We are proud to carry both our Company and our country to the international arena while we continue our work with the vision of leading the digital transformation of our country. We believe that an organization's annual report is one of the most important building blocks of communication with its stakeholders. Our annual reports are the most concrete indicator of the deep and transparent communication between us, our investors and stakeholders. For this reason, we are extremely pleased to be recognised at the ARC Awards, which is considered one of the most prestigious platforms where annual reports are evaluated."
Technology for digital transformation
Türk Telekom's 2022 Annual Report, themed "Digital Türkiye: A New Future," received an honorable mention in the "Cover Photo/Design" and "Printing & Production" categories, along with a silver award in the "Interior Design" category at the ARC Awards.
The report features dedicated thematic pages showcasing digitalisation initiatives and significant projections related to the Company's goals. It underscores Türk Telekom's agile organisational framework and its role as a prominent digital enterprise today and in the future.
Türk Telekom's Next-Generation Technologies Transforming into Environmental Benefits
Türk Telekom aims to achieve the highest level of resource savings by leveraging next generation technologies across various sectors, including energy, agriculture, industry, transportation, health, buildings, and cities. The company remains committed to efficient energy resource utilisation and the expansion of renewable energy sources.
Türk Telekom CEO Ümit Önal said, "We are working to lead Türkiye's digital transformation and generate enduring value for all our stakeholders. Alongside our end-to-end products and solutions for the urban digital transformation, we also support technology transformation in the field of renewable energy sources such as solar energy and contribute to carbon savings."
In its World Environment Day statement on June 5, Türk Telekom highlighted its dedication to sustainability. The company strives to contribute to a more liveable future and create sustainable value for all stakeholders within its ecosystem. By leveraging technology in Türkiye's journey towards becoming an information society, Türk Telekom aims to drive positive transformation for the amelioration of people, society, and nature.
On World Environment Day, June 5, Türk Telekom's CEO Ümit Önal expressed the company's commitment to sustainability. He stated, "At Türk Telekom, we prioritize universal sustainability principles in all our business processes, strategies, and corporate decisions. According to the Global e-Sustainability Initiative (GeSI) report, we are among the few global operators who have successfully reduced electricity consumption in recent years. We actively contribute to carbon emission reduction by adopting alternative energy sources like solar and wind power, combined with next-generation communication technologies. In line with our efforts, we successfully reached our target of a 60 percent increase in solar energy utilization capacity in 2023 compared to 2020. By investing in Solar Power Plants (SPP), our goal is to reduce carbon footprint and contribute to the management of risks caused by climate change. Just last month, we proudly announced that our SPP capacity has reached 405.8 MWe, with an additional allocation of 88 MWe capacity within our ongoing SPP installation efforts. This total capacity now corresponds to around 65 percent of Türk Telekom Group's current annual electricity consumption. As the leading force behind Türkiye's digital transformation, Türk Telekom is also dedicated to creating more sustainable and liveable cities. With the Next Generation City Initiative, we have achieved energy savings in 14 cities in the fields of transportation, energy, environment, life, health and safety in all areas of smart living, from traffic to public safety, irrigation to lighting. Thanks to the solutions we support with 5G, artificial intelligence and IoT technologies, municipalities have saved so far up to 40 percent in electricity and 30 percent in irrigation. By expanding the Next Generation City initiative day by day, we aim to extend the number of cities where we provide services.
Türk Telekom drives digital transformation in cities with over 58 technology solutions covering transportation, environment, health, and energy
The tally of participating municipalities in Türk Telekom's Next Generation Cities Project has risen to 14, encompassing Osmaniye in addition to Edirne, Aksaray, Mersin, Düzce, Karaman, Kars, Kocaeli, Elâzığ, Antalya, Kütahya, Kırşehir, Denizli, and Konya. Türk Telekom has also supported municipalities to increase their efficiency, reduce their costs, optimise and save money with software solutions offered to more than 30 local governments.
Türk Telekom received both the platinum and gold awards at the LACP Vision Awards, where annual reports of hundreds of international companies are examined. Türk Telekom 2021 Annual Report, which qualified for the Platinum Award in the "Company Groups, Holdings" category has also won the Gold Award in the "Telecommunication" category. Türk Telekom was ranked second, both in the "Europe, Middle East, and Africa (EMEA) - All Sectors" category and the "Türkiye - All Sectors" category.
Türk Telekom, the pioneer of digital transformation in Türkiye, received a total of 14 awards with its annual report in the "Telecommunication" and "Company Groups, Holdings" categories at the League of American Communications Professionals (LACP) Vision Awards event held in California, United States. Telekom received a Platinum Award with 99 points out of 100 in the "Company Groups, Holdings" category, and a Gold Award with 98 points out of 100 in the "Telecommunication" category. Evaluated on criteria such as cover design, executive message, narration, display of financial data, productivity and navigation, Türk Telekom Annual Report received full marks from the LACP Vision Awards jury.
In addition, Türk Telekom Annual Report has collected the Technical Achievement Award in the category of "Aesthetic and Communicative Excellence of the Report," a new category added by the LACP this year, as well as the Platinum Award in EMEA for reports produced by third parties.
14 awards in total
Türk Telekom was ranked second in EMEA in both categories of the LACP Vision Awards, which assessed 2021 annual reports and integrated reports from all sectors on an international platform. Gold prize in the category of the best report text was amongst the 14 awards Türk Telekom has collected in the competition across various categories.
Türk Telekom won two awards at the 2022 Europe & EMEA Equity Awards, hosted by Institutional Investor. In addition to being selected as the "Best Company in Investor Relations" in the sectoral category in the EMEA region, Türk Telekom also won the "Best Overall Company in Investor Relations" award by achieving the highest score across all companies and sectors in the EMEA region.
Türk Telekom, the forerunner in Türkiye's digital transformation, attained a pivotal success by winning two awards at the 2022 Europe & EMEA Equity Awards, organised by Institutional Investor, which is known a leading international business to business publisher, focused primarily on international finance. Türk Telekom, the winner of the "Best Company in Investor Relations" award in the EMEA (Europe, Middle East, and Africa) region in the "Technology, Media, and Telecommunication" sector category, where 39 companies were evaluated, has also obtained the highest overall score among the 251 companies evaluated across all sectors in the EMEA region and ranked “Best Overall Company in Investor Relations”.
Detailed criteria determined the winner
In the 2022 Developed Europe & Emerging EMEA Executive Team survey, the votes of the world's leading investors and analysts to investor relations teams and corporate experts selected the Equity Awards winners. Companies are evaluated through several criteria, including the communication techniques and capabilities of their investor relations departments, the quality of corporate reports and materials used in investor communication, and the transparency of investor relations communication.
Institutional Investor, which has been continuing its publishing activities for more than 50 years, held the Europe & EMEA Equity Awards on September 7 in London to recognise the outstanding companies in Europe, the Middle East, and Africa. Institutional Investor, a global contributor in the fields of economics and finance, continues to impact the ecosystem via its research.
Türk Telekom completed the installation of solar power plants (SPP) in more than 1,700 locations in Türkiye, increasing the total installed power of renewable energy systems to 2.5 MW. Until the end of 2023, Türk Telekom aims to reduce up to 35 percent of the emission amount in 2020 and to increase its solar power generation capacity over SPP by 60 percent compared to 2020.
Türk Telekom, the leader of Türkiye's digital transformation, continues to develop innovative and sustainable technologies to leave a greener and a more livable world to future generations. Türk Telekom carries out studies to prevent the fast consumption of natural resources and improve environmental awareness and performance with next generation systems.
Türk Telekom completed the installation of solar power plants in more than 1,700 locations, increasing the total installed power of renewable energy systems to 2.5 MW. Thanks to this development, approximately 2,150 tons of annual carbon emissions were prevented.
“We have created a roadmap in line with the United Nations Sustainable Development Goals (SDGs)”
Türk Telekom Chief Risk Officer Ali Gürsoy said: “While carrying out our activities, we are working to return technology for the good and benefit of people, society and nature. We continue our investments to create a greener and digital sector. We have created a roadmap in line with the United Nations Sustainable Development Goals (SDGs). We are trying to reduce our carbon emissions by adopting alternative energy sources such as solar and wind. With our target of systematically reducing our carbon footprint, we aim, until the end of 2023, to reduce 35 percent of the emission amount reported in 2020 and increase our solar power generation capacity by 60 percent compared to 2020. We believe in circular economy for the efficient use of resources and contribute to the waste management process with our employees while ensuring that the revenues from the collected waste are used in corporate social responsibility projects.”
Significant transformation in base stations
Türk Telekom, which has also transformed its base stations with the intention to minimise environmental impact and to increase energy savings, has completed the battery conversion of more than 50 percent of its base stations by focusing on solutions without air conditioning and using next generation batteries. In addition, to increase the quality of mobile services, especially in extreme climate events, Türk Telekom launched base stations working with solar energy systems in villages with access problems due to the lack of continuous energy.
Contribution to sustainability with SMS, e-invoice, and digital document applications
Taking initiatives to support sustainability, Türk Telekom encouraged using SMS and e-invoice and saved energy and water while both preventing tree-cutting and mitigating the environmental impacts. In addition, by implementing the 'Digital Document' application for its internal processes, Türk Telekom reduced costs by transferring the obligation of its employees to fill out legal documents during business processes to digital environment.
Environment-friendly technologies in Next Generation Cities
With the Next Generation City Initiative, Türk Telekom contributed to the construction of sustainable and safe cities offering a high quality of life in 13 cities through six verticals implemented in the fields of transportation, energy, environment, life, healthcare, and safety. Türk Telekom also supported smart agriculture and implemented the 5G supported 'Autonomous Tractor' in cooperation with TARNET. The project aims to increase productivity in agricultural areas with smart irrigation, cultivation area and greenhouse management.
Türk Telekom developed the next generation bicycle solution with domestic resources in 2021 and incorporated it into the ecosystem. With the project, an alternative, environment- friendly, and sustainable transportation opportunity was offered to the residents. The smart bicycle, which is essential in the journey of reducing the increased risk of climate change and rate of carbon gas emissions, and digitising cities, directly and indirectly contributes to Healthy and Quality Life, Sustainable Cities and Communities, Climate Action which are among the United Nations Sustainable Development Goals.
We care about sustainable energy and aim to add value to the future with our projects focused on water efficiency and usage optimisation.
Türk Telekom attaches importance to efficiency in water use as a part of its sustainability approach and environmental policies for a livable world. To leave future generations a more livable world and to reduce water consumption, conservation efforts are constantly carried out and results are closely monitored to prevent water shortages that are experienced in regionally including our country.
Our Company’s one of the most important project in increasing water efficiency is the Building Centralisation Project. In this context, our Company has been reducing the amount of water use every year since 2013 by optimising building area utilisation and reducing the number of buildings with employees. In buildings where only area optimisation is carried out, wet areas are reviewed, and unnecessary ones are closed, while the amount of utility water and water used in cleaning these areas are reduced.
In addition, in 2012, our Company started to use water more efficiently by attaching a saving device cap (aerator cap) on the faucets in personnel intensive buildings across the country. In this context, similar shortcomings in worn-out or renewed areas are controlled and eliminated every year.
Our Company contributes to water savings by using photocell faucets in its new projects. In addition, "Grey Water System" is also in use in the Ankara headquarter tower building in Aydınlıkevler, which has been operational for 5 years. With this system, water efficiency is increased by reusing water used in sinks in the toilet reservoirs after the necessary treatment. Rainwater is stored in the tower building and used in landscape irrigation. In landscape irrigation areas, water usage optimisation is ensured with timer-based automated sprinkler systems and irrigation is done at minimum levels according to the need.
The increase in water use associated with the need for cleaning due to global pandemic and climate changes show that access to water will become more difficult in the upcoming years. Our Company shared many visual and written content and carried out local and general savings activities in 2021 in order to raise awareness among our personnel in this context.
Our Company has been tracking and reporting water usage for years. As a result of the actions taken, the downward trend continues in the amount of Türk Telekom Group’s water consumption. In 2019, water consumption decreased by 13% compared to previous year and declined to 653 thousand cubic meters. In 2020, in addition to the downward trend, the pandemic and the intense transition to home office system decreased the consumption by 34% year-on-year, to 433 thousand cubic meters per annum.
In 2021, the home-office working model continued until November, and in November, a new working model was put into practice in our Company. Thanks to the working model applied in 4 different ways as office, hybrid, mobile and remote, the annual water consumption in Türk Telekom offices and buildings remained close to the previous year and totalled to 438 thousand cubic meters annually. It is anticipated that the change in this area will be observed more clearly in the upcoming years.
* As of 2021, usage values are reported not with an average approach over unit prices, but with net usage values obtained directly from the field. Historical data has been updated in this context. The amount of water consumption includes Türk Telekom, TT Mobil and TTNET companies.
While we create value with the aim of making everyone we touch “Feel Valuable", we continue to implement "green" practices for the future of our world.
As we take strong steps in digital transformation, we also carry out savings and efficiency projects and determine our strategies with the focus of environmentalist approaches.
We are proud to share with you that we have prevented 15,000 tons of carbon emissions by saving 31 million kWh of energy annually.
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Türk Telekom’s 2020 Annual Report was deemed worthy of 13 awards in 4 different categories at the 'LACP Vision Awards', where annual reports of hundreds of internationally prestigious companies were evaluated. Türk Telekom's 2020 Annual Report ranked first in both the EMEA (Europe, the Middle East and Africa) region and Türkiye rankings and won a total of 5 platinum and 3 gold awards, also taking the 11th place in the global ranking.
Türk Telekom, Türkiye's leading information and communication technologies company, achieved a great success with its "2020 Annual Report" at the LACP Vision Awards, which is organised annually by the League of American Communications Professionals (LACP) on an international platform. Türk Telekom's 2020 Annual Report, which was awarded a total of 13 awards in four different categories, received 99 points out of 100 in three categories and 98 points in one category. Placed by the jury 11th among the annual reports published on a global scale in 2020, Türk Telekom 2020 Annual Report was ranked 1st in both the EMEA (Europe, the Middle East and Africa) region and Türkiye All Sectors Rankings.
5 platinum, 3 gold awards
Türk Telekom Annual Report was evaluated by the LACP jury in the telecommunication sector, as well as in the category of company groups and holdings, with its annual and its integrated report features. Türk Telekom was deemed worthy of 5 platinum and 3 gold awards in total, including the platinum award it received in the EMEA ranking in the field of "Best Report Narrative". Türk Telekom’s 2020 Annual Report also took 4th place in the world within the telecommunication sector’s top 100 ranking. The report came 1st in the world with the platinum award received in the group of companies and holdings category.
“Our Annual Report, which we have prepared with a modern approach and insightful messages, reflects our innovative perspective”
Türk Telekom’s CFO, Kaan Aktan stated that annual reports are the most important communication tools between corporations and their stakeholders and said, “Beyond being a technology company that leads the digital transformation of Türkiye, we adopt a human-centered approach in everything we do. We reflect this in our communication with our investors and stakeholders strengthening our bond with them. We prioritize working in a way that makes them feel valuable. Our annual report, which we have prepared with great care, is one of the most important elements that show our approach. As Türk Telekom, we convey the thoroughness of the services we provide to our annual reports, which was prepared with a modern approach and insightful messages that reflect our innovative perspective, and present it to our stakeholders.”
About the LACP and Vision Awards
The LACP International Vision Awards is held since 2001 by the League of American Communication Professionals, which sets the standards for excellence in communication. More than 500 companies from 20 different countries participated in this year's competition.
Türk Telekom 2019 Annual Report received 18 awards in total in LACP, which evaluates annual reports of hundreds of companies across the globe, and in ARC, which is recognized as the Oscar of annual reports. Türk Telekom 2019 Annual Report was the only Turkish company report that made it to global top 10 ranking.
Türkiye's information and communications technologies leader Türk Telekom achieved great success with its“2019 Annual Report”in the LACP Vision Awards organized by the League of American Communications Professionals (LACP) every year internationally. Türk Telekom's 2019 Annual Report received 16 awards in four different categories with 99 points out of 100 in three categories and 98 points out of 100 in one category. Türk Telekom 2019 Annual Report, ranked number 10 by the jury among the annual reports published in 2019 on a global scale, was the only Turkish company report that made it to global top 10 ranking. Türk Telekom Annual Report also ranked number 4 in the “Europe, Africa and Middle East Top 50 Reports” (EMEA) list. Türk Telekom has also become one of the four telecommunications companies receiving a gold award in the global telecommunications industry.
Design of the report made a strong impression
The Report, winning 3 platinum and 1 gold awards in the general classification, was evaluated by the LACP jury with regards to its activity and integrated report features in the telecommunication sector as well as in the group companies and holding companies categories. The report was highly appreciated by the jury members in various categories including “First Impression, Report Cover, Letter to Shareholders, Report Statement, Report Financials, Creativity, Message Clarity, and Information Accessibility”. The International Vision Awards have been organised since 2001 by the LACP, which sets standards for excellence in communications. Türk Telekom 2019 Annual Report also received 2 awards in the ARC (Annual Report Competition), which is recognized as the Oscar of annual reports by the business and finance world.
Kaan Aktan, Assistant General Manager of Finance at Turk Telekomstated that the annual report of a company is one of the most important elements reflecting the level of communication with its stakeholders. He also expressed his pleasure with the great achievements of Türk Telekom 2019 Annual Report in both competitions. Aktan said: “As Türk Telekom, the ICT leader of Türkiye, we are showing utmost care to our communication with our investors and stakeholders. We design our annual report, a useful reference for our stakeholders, in a modern way. We aim forcomprehensible contents as well as clear and straightforward messages. Thanks to this approach, our stakeholders have been following Turk Telekom’s annual reports with great admiration for many years.”
Türk Telekom which has exemplary projects in sustainability area, became a participant to UN Global Compact platform, the world's largest corporate sustainability initiative.
Türkiye's leading communications and technology company, Turk Telekom, has become a participant of UN Global Compact. UN Global Compact is the world's largest corporate sustainability platform, with over 9,500 companies and over 3,000 external members. With its participation in UN Global Compact, the world's largest sustainability initiative and voluntary leadership platform, Türk Telekom has become a participant of in a broad network of companies representing almost every sector and size in more than 160 countries.
Türk Telekom has announced that it has adopted the 10 principles of UN Global Compact, where the core responsibilities of the business world are determined in the fields of Human Rights, Labor, Environment and Anti-Corruption. Türk Telekom will work on a voluntary basis to harmonize its strategies and operations with these principles. As a participating member, Türk Telekom will publish a progress report every year, explaining how it has implemented the 10 principles within the company.
Exemplary projects in sustainability
With its participation in UN Global Compact, Türk Telekom takes its sustainability efforts to the next level. Participating also in the Carbon Disclosure Project, which reports the climate change risks of companies globally, Türk Telekom has realized many successful projects in the sustainability field in order to use energy resources efficiently, expand the renewable energy resources and reduce the negative impact on the environment.
Despite the rapidly increasing number of customers and bandwidth, Türk Telekom is one of the few operators in the world that has reduced its electricity consumption for the last 4 years.
Türk Telekom’s 2018 Annual Report held the highest ranking amongst Turkish corporates in LACP's list of the top 100 reports published on a global scale
Türk Telekom’s Annual Report for 2018 received a total of 24 awards across 4 different categories at the 2018 Vision Awards organized by the League of American Communications Professionals (LACP), one of the world’s most prestigious platforms which sets the standards for excellence in communication.
In the assessment made by the jury, Türk Telekom’s Annual Report came in at the 12th position in the Top 100 Annual Reports published globally in 2018 and held the highest ranking amongst Turkish corporates in the list. Not only did Türk Telekom’s 2018 Annual Report rank 5th in the EMEA Top 50 Reports ranking, but it also received 4 Platinum awards in the Presentations of Financials category in EMEA region, a Gold award in the Telecommunication main category, a Platinum and 3 Gold awards in the General Classification, and 4 Gold awards in the Presentation of Financials category.
With its 2018 Annual Report, Türkiye’s leading information and communication technologies company Türk Telekom won 24 awards across 4 different categories at the Vision Awards organized each year on an international platform by the League of American Communications Professionals (LACP). Türk Telekom’s Annual Report, which ranked at the top of the list of Türkiye’s top 10 Reports, was also ranked 5th in the EMEA (Europe, Middle East and Africa) region and 12th amongst the Top 100 Reports Worldwide. Türk Telekom came in at the top of the list of Turkish corporates’ Worldwide and EMEA region ranking.
With its wide coverage area, customer-oriented approach, strength in multi-offers and leadership in technological transformation; Türk Telekom aims to connect Türkiye to the future and has adopted a multi-faceted and effective communication with its stakeholders. Türk Telekom has proven its success in transferring this vision to its Annual Report for 2018 with the awards it received from the LACP. In the assessment made by the jury, Türk Telekom’s 2018 Annual Report received 99 points out of 100 in the “First Impression”, “Report Cover”, “Letter to Shareholders”, “Report Narrative”, “Report Financials”, “Creativity”, “Message Clarity” and “Information Accessibility” categories.
Simplistic design elements and a clear message narrative were influential in winning the awards
As part of the 2018 Vision Awards, Türk Telekom’s 2018 Annual Report was evaluated as an “Annual Report” and an “Integrated Report”, under the “Telecommunication” main category as well as the “Company Groups/Holding Companies” category. In the General Classification of the Company Groups/Integrated Report category, Türk Telekom’s Annual Report received a Platinum award as well as three Gold awards in other categories, four Platinum awards in the Best Report Financials of the EMEA region and four Gold awards in the Best Report Financials Worldwide. In addition to these, the report received 12 awards with the performance demonstrated in the Top 100 Reports Worldwide, Top 50 Reports EMEA Region and Top 10 Reports Türkiye categories. Thus, Türk Telekom’s Annual Report was deemed worthy of 6 awards in each of the four categories it was evaluated in and received a total of 24 awards.
Türk Telekom, which continues its investments uninterruptedly with the aim of accelerating Türkiye’s transformation into an information society, prepared its 2018 Annual Report reflecting its vision of “Connecting Türkiye to the future”. In the report prepared with a modern and minimalist design approach, attention was given to the balanced use of typography and iconography paired with strong graphics in order to deliver the message directly for all stakeholders. Türk Telekom’s “Connecting Türkiye to the future” motto was depicted with various portraits of people from different geographic areas of the country.
The League of American Communications Professionals (LACP), which defines the standards of excellence in communication, has been carrying out the International Vision Awards since 2001. Companies of all sizes from across the World participated in the 18th 2018 Vision Awards this year and more than 1,000 reports from over 25 countries were evaluated.
In February 2018, Türk Telekom successfully completed its 500 million Dollar bond offering of 6-year maturity.
There was 5 times subscription for the bond offering from 264 investors across 39 countries.
This transaction represented the first Turkish corporate transaction since April 2018, and the first Turkish Eurobond to price inside fair value since May 2016.
On the subject, Türk Telekom Finance Assistant General Manager Kaan Aktan said that ‘’ Türk Telekom, since its privatization in 2005, has invested 34.7 billion TL for Türkiye’s digital transformation and provided 282 thousand kilometers of fiber and infrastructure to more than 90% of households in Türkiye. To support our vision of connecting Türkiye to the future, we continue access to financing in the most effective manner. Today, having 5 times subscription for our bond offering is the indicator that our strong balance sheet and record growth in subscriber, revenue and operating profitability and high cash generation capacity which are reflected in our operating results are also appreciated by investors. I believe thanks to this bond offering, while we continue to improve our financing maturity profile and cost structure, we have set a valuable example for the Turkish Companies’ access to international financing resources‘’
Türkiye’s leading information and communications technologies company Türk Telekom, carried 500 million Dollar bond offering to foreign investors. There was 5 times subscription for the bond offering from 264 investors across 39 countries.
Reminding the Türk Telekom, since its privatization in 2005, has invested 34.7 billion TL for Türkiye’s digital transformation and provided 282 thousand kilometers of fiber and infrastructure to more than 90% of households in Türkiye; Türk Telekom Finance Assistant General Manager Kaan Aktan said these about bond offering: ‘’ Today, having 5 times subscription for our bond offering is the indicator that our strong balance sheet and record growth in subscriber , revenue and operating profitability, high cash generation capacity which are reflected in our operating results are also appreciated by investors.
Türk Telekom generated TL 20.4 billion revenue with a record 12.6 percent growth in 2018. With effective cost and expense management while EBITDA margin increased by 5.7 percentage points compared to the previous year and reached 41.3 percent with the highest value of the last 7 years. Moreover, while progressing in line with our goal connecting Türkiye to the future, we manage financial diversification effectively and maintain our net debt level prudently. The fact that our net debt to EBITDA ratio at 1.86 times is well below the similar global telecom companies is the most important proof. Thanks to this bond offering, while we continue to improve our financing maturity profile and cost structure, we have set a valuable example for Turkish Companies’ access to international financing resources. We would like to thank the investors who showed great interest in our bond offering.’’
International brand valuation firm Brand Finance has selected the 300 most valuable brands in the world of telecommunications with the “Telecoms 300” list, awarding Türk Telekom as Türkiye’s “Most Valuable Telecommunication Brand” for the 10th time in a row.
CEO of Türk Telekom Paul Doany made the following statement on the subject: "2017 was a year of ‘growth’ in which we began to benefit from our single brand strategy that we launched in 2016 and to which we added new areas of focus for Türk Telekom. Thus, Türk Telekom recorded record-high growth since its initial public offering in 2008, with 2.8 million net subscribers in 2017 compared to the previous year. It is very gratifying that our successful financial and operational performance is recognized by international independent organizations as well. In this scope, Brand Finance has certified Türk Telekom as Türkiye’s “Most Valuable Telecommunication Brand” for the 10th time in a row in the “Telecoms 300” list announced in February 2018. As Türk Telekom, we will continue to work without pause to find new value areas for our customers, employees and our country and hence to connect Türkiye to the future.”
Türkiye's leading information and communications technology company Türk Telekom, has been selected as Türkiye’s most valuable telecommunications brand for the tenth time in the “Telecoms 300” survey carried out every year by the international brand valuation company Brand Finance. Behind this repetitive success is the new customer experience program called “Empati" launched in 2017, in addition to the unique brand consolidation strategy that took place in 2016, operational excellence and the innovative domestic and national technologies we have designed for the whole world.
Türk Telekom CEO Dr. Paul Doany made the following statements on the subject: "2017 was a year of “growth” in which we began to benefit from our single brand strategy that we launched in 2016 and to which we added 3 new areas of focus for Türk Telekom. These three focus areas can be summarized as operational excellence, the Empati Program (the journey of carrying customer experience to perfection), and exporting local and national technologies to the world, which is the foundation of our strategy established to connect Türkiye to the future. Thus, in 2017, Türk Telekom recorded a revenue growth of 12.6% compared to the previous year, 2.8 million net subscriber gain, and an EBITDA growth of 18.0% year-over-year; all record breaking figures since the initial public offering in 2008. It is very gratifying that our successful financial and operational performance is recognized by international independent organizations as well. In this scope, Brand Finance had first awarded Türk Telekom as the most valuable brand in Türkiye in June 2017, and has certified Türk Telekom as Türkiye’s “Most Valuable Telecommunication Brand” for the 10th time in a row in the “Telecoms 300” list announced in February 2018. As Türk Telekom, we will continue to work without pause to find new value areas for our customers, employees and our country and hence to connect Türkiye to the future.”
About Türk Telekom Group
Türk Telekom, with 177 years of history, is the first integrated telecommunications operator in Türkiye. In 2015, Türk Telekomünikasyon A.Ş. adopted a “customer-oriented” and integrated structure in order to respond to the rapidly changing communication and technology needs of customers in the most powerful and accurate way, while maintaining the legal entities of Avea İletişim Hizmetleri A.Ş. and TTNET A.Ş. intact and adhering to the rules and regulations to which they are subject. Having a wide service network and product range in the fields of individual and corporate services, Türk Telekom unified its mobile, internet, phone and TV products and services under the single “Türk Telekom” brand as of January 2016.
“Türkiye’s Multiplay Provider” Türk Telekom has 13.7 million fixed access lines, 9.7 million broadband and 19.6 million mobile subscribers as of December 31, 2017. Türk Telekom Group Companies provide services in all 81 cities of Türkiye with 34,502 employees with the vision of introducing new technologies to Türkiye and accelerating Türkiye’s transformation into an information society.
“Türk Telekomünikasyon A.Ş., providing PSTN and wholesale broadband services, directly owns 100% of mobile operator Avea İletişim Hizmetleri A.Ş., retail internet services, IPTV, satellite TV, Web TV, Mobile TV, Smart TV services provider TTNET A.Ş., , convergence technologies company Argela Yazılım ve Bilişim Teknolojileri A.Ş., IT solution provider Innova Bilişim Çözümleri A.Ş., online education software company Sebit Eğitim ve Bilgi Teknolojileri A.Ş., call center company AssisTT Rehberlik ve Müşteri Hizmetleri A.Ş., wholesale data, venture capital company TT Ventures Proje Geliştirme A.Ş, Electric Supply and Sales Company TTES Elektrik Tedarik Satış A.Ş. and capacity service provider Türk Telekom International, and indirectly owns 100% of subsidiaries of Türk Telekom International, TV Broadcasting and VOD services provider Net Ekran Companies, telecommunications devices sales company TT Satış Ve Dağıtım Hizmetleri A.Ş and payment services company TT Ödeme Hizmetleri A.Ş.”
Türkiye’s first integrated operator Türk Telekom continues to reap the fruits of brand unification
Unifying all brands under a single roof in January 2016, Türk Telekom has once again become Türkiye’s most valuable brand. Increasing its brand value by 11% to $2.6 billion, Türk Telekom has been named as Türkiye’s most valuable brand on the list of “Türkiye’s Most Valuable Brands Türkiye 100”, which is published annually by international brand valuation company Brand Finance.
Becoming ‘Türkiye’s most valuable telecommunications brand’ for 9 years on ‘Telecoms 500’ list of Brand Finance determining the top 500 telecoms brands in the world, Türk Telekom is now also selected Türkiye’s most valuable brand once again, proving itself as Türkiye’s ‘leading information and communication technologies brand.”
Recalling that Türk Telekom has become Türkiye’s most valuable brand seven more times previously, Türk Telekom CEO Doany said: “We have successfully realized one of the Türkiye’s largest brand transformations. Last year, we gained 1.5 million net subscribers, marking the highest ever subscriber addition since IPO in 2008 and broke a record in the history of Türk Telekom. I wholeheartedly celebrate big Türk Telekom family of 34 thousand people who are employed in all corners of Türkiye and made great contribution to this success. We will work non-stop on touching to different customer segments and creating a unique value for them in the upcoming period.”
Türkiye’s leading communication and entertainment technologies company Türk Telekom has been named as Türkiye’s most valuable brand for the 8th time on the list of “Türkiye’s Most Valuable Brands Türkiye 100”, which is published annually by international brand valuation company Brand Finance. Having unified its mobile, internet, phone and TV services under the roof of a single brand in January 2016, Türk Telekom continues to reap the fruits of this unification. In the research of UK-based Brand Finance conducted for “Türkiye’s Most Valuable Brands Türkiye 100” list, it is determined that Türk Telekom has increased its brand value from $2,353 million to $2,620 million in 2016 and has become Türkiye’s most valuable brand. Ranked at the top on Brand Finance list of Türkiye’s top companies list ‘Türkiye 100’, Türk Telekom’s brand value increased by more than 11% in 2016. Thus, the company has become Türkiye’s most valuable brand by reaching all time high brand value with $2.6 billion.
In addition to becoming Türkiye’s ‘Most Valuable Telecommunications Brand’ for 9 years on ‘Telecoms 500’ list of Brand Finance determining the top 500 telecoms brands in the world, Türk Telekom has once again proven itself to be Türkiye’s ‘leading information and communication technologies brand” for also being Türkiye’s most valuable brand.
1.5 million net subscriber addition with single brand synergy
Brand Finance’s ‘Türkiye 100’ research emphasizes Türk Telekom’s synergy created with its brand unification, while it also underlined the new customer additions and increased cross-sell opportunities with its new products and services. It noted that all these developments positively influenced future projections of the company as well as increasing its brand value.
Noting that the positive outcomes of the brand unification is unlocked everyday, Türk Telekom CEO Dr. Paul Doany said: “We have successfully realized one of Türkiye’s largest brand transformations. Last year, we gained 1.5 million net subscriber additions, marking the highest ever subscriber additions since IPO in 2008 and broke a record in the history of Türk Telekom.” Recalling that Türk Telekom has become Türkiye’s most valuable brand seven more times previously in the brand value research conducted by Brand Finance in more than 20 countries, Doany said: “I wholeheartedly celebrate big Türk Telekom family of 34 thousand people who are employed in all corners of Türkiye and made great contribution to this success. As leading communication and entertainment technologies company with wide ranges of products and services, we are touching the entire Türkiye with our infrastructure extending 81 provinces and our 39.2 million customers. It is among our most important priorities to be able to effectively respond to the needs of consumers with advanced technology and quality service under Türk Telekom brand. We will work non-stop on closely touching to customer segments that we could not reach until today and creating a unique value for them in the upcoming period.”
Türk Telekom has reached all-time high brand value by increasing its brand value by 11% year-over-year in the aftermath of its single brand unification in January 2016.
‘Telecoms 500’ 2017 list, which is published annually by international brand valuation company Brand Finance and determines the top 500 telecoms brands in the world, is announced at the Mobile World Congress in Barcelona. Türk Telekom has been named “Türkiye’s Most Valuable Telecommunication Brand” for 9 consecutive years in the list of ‘Telecoms 500’.
Türk Telekom has reached all-time high brand value by increasing its brand value by 11% year-over-year.
‘Telecoms 500’ list, which is prepared annually by international brand valuation company Brand Finance and includes the most valuable telecommunication brands in the world, is published at the Mobile World Congress in Barcelona. According to ‘Telecoms 500’ 2017 list, Türk Telekom has become ‘Türkiye’s most valuable telecommunications brand’ for the 9th time. Türk Telekom has once again proven itself to be Türkiye’s “leading telecommunication brand” with this success.
Türk Telekom CEO Dr. Paul Doany said they have broken a historic record with their brand value thanks to the contribution of Türkiye’s biggest brand transformation. Doany also said: “Last year, we have unified mobile, internet, phone, TV and innovative digital services under Türk Telekom single brand. We have strengthened our “Türkiye’s Most Valuable Telecoms Brand” position in the list of Telecoms 500 with the power of Türk Telekom brand and the success of our products and services.”
Highlighting that they are working with the vision of offering Türk Telekom brand’s value as a benefit to the customers,Doany said: “In line with this vision, our biggest priority is to understand and meet the needs of all customers in our 81 provinces. Our infrastructure covering entire Türkiye and our innovative products and services, which touch every aspect of life and are developed on this infrastructure, are our biggest strength areas. We are offering uninterrupted and high quality communication and entertainment experience to our customers with our value added services like Türkiye’s most popular digital music platform TÜRK TELEKOM MÜZİK, our digital gaming platform PLAYSTORE, TIVIBU holding the right to match broadcasts of UEFA Champions League and UEFA Europa League and our online education platform with Türkiye’s largest education content VİTAMİN. With our youth brand SELFY, we enable a world full of communication and entertainment which young people customize according to their lifestyle and preferences. In 2017, we will continue to stand by our customers anytime, anywhere, in any device they use with our innovative products and services and continue to offer our brand value as a benefit to our customers.”
Brand Finance
London-based Brand Finance is regarded as the world’s leading brand valuation and strategic consultancy company. Established in 1999 for bridging the marketing and finance departments, Brand Finance is operating in 20 countries today. Brand Finance is prominent with its annual reports evaluating more than worldwide 3,500 brands in many sectors such as telecommunication, banking, retail, airline and food. In addition, Brand Finance is publishing “Türkiye’s Most Valuable Brands –Türkiye 100” list for the past nine years.
Türk Telekom has continued its success in 2016, according to the research of "Most Valuable Companies of Türkiye" conducted by Brand Finance, the British brand valuation consultancy company.
Türk Telekom has become once again “Türkiye’s Most Valuable Telecoms Brand” on the 2016 list of “Türkiye’s Most Valuable Brands – Türkiye 100” published annually by international brand valuation company Brand Finance. Achieving to entitle ‘Türkiye’s Most Valuable Telecoms Brand” for 8 consecutive years, Türk Telekom once again proved to be Türkiye’s “leading communication and entertainment technologies company.”
Türk Telekom Investor Relations ranked 1st in two categories including the “Best Investor Relations Website” and “Best Public Disclosure of Financial Results” at Investor Relations Awards Ceremony organized by the Turkish Investor Relations Society (TÜYİD). Türk Telekom Group also ranked 3rd in “Best Annual Report” category. The three awards granted by TÜYİD represent an outstanding success.
The leading telecommunications and convergence technologies company, Türk Telekom Group, won awards in three categories after the assessment conducted among the companies included in the Borsa Istanbul 100 Index. The prizes were presented during the Investor Relations Awards Ceremony organized by TÜYİD for the second time.
At the ceremony held on November 24, 2015 in Istanbul, Investor Relations website of Türk Telekom Group was again selected as the “Best Investor Relations Website” of the year. Türk Telekom Group also ranked 1st in “Best Public Disclosure of Financial Results” and 3rd in the “Best Annual Report” categories.
The assessment was based on a comprehensive ranking system created by KPMG Türkiye—an expert audit, tax and consultancy Company specializing in the field of assessment. Companies were assessed in terms of public disclosure of financial results, investor relations website and annual reports. CEO of Borsa Istanbul, Chairperson of TSPB (Turkish Capital Markets Association) and Vice President of TUSIAD (Turkish Industry and Business Association) attended the event alongside the investor relations professionals of Türkiye’s leading companies.
Türk Telekom Group had ranked first in “Best Investor Relations Website”, second in “Best Public Disclosure of Financial Results”, and fourth in “Best Annual Report” categories under the previous year’s assessment.
At the "2014 Achievement Awards" organized by EMEA Finance, Türk Telekom Group was awarded ‘Best Corporate Bond in Europe, Middle East and Africa’ with its US$1bn eurobond issuance.
EMEA Finance commented as:
“Our winning corporate issuance from EMEA came from Türk Telekom, which closed a US$1bn deal in its first visit to the international markets last summer.Türk Telekom issued US$500mn in five year bonds with a coupon of 3.75% and US$500mn in 10 year bonds with a coupon of 4.875%.”
Onur Oz, the director of capital markets and investor relations, told EMEA Finance that:
At the time that the traditional banking sources of funding had been “very strong” but that the Management team wanted to branch into the debt capital markets to add some diversity. The order book reached US$8bn following a five day roadshow taking in London, Los Angeles, Boston and New York. Deutsche Bank, Barclays, BNP Paribas, JP Morgan and Emirates NBD ran the deal.”
Türk Telekom, Türkiye’s leading communications and convergence technologies company, won top awards among BIST-100 companies publicly traded in Borsa Istanbul at the first Investor Relations Awards organized by Turkish IR Society (TUYID). The evaluation was made by KPMG applying a comprehensive ranking system. Awards were given in financial disclosure, investor relations website and annual report categories.
Türk Telekom’s already award-winning investor relations website was selected 1st in “Best Investor Relations Website” category. Türk Telekom was also ranked 2nd in the category of “Best Financial Disclosure”. In Best Annual Report, Turk Telekom was ranked 4th. At the Award Ceremony, which took place on November 24, 2014 at Ritz Carlton Hotel with the participations of Turkish Exporters’ Assembly Chairman and Turkish Capital Markets Association Chairman, Onur Oz, Head of Turk Telekom Capital Markets and Investor Relations took awards on behalf of Türk Telekom and Türk Telekom Investor Relations team. Mr Oz stated “We aspire to practice world class investor relations at Turk Telekom. We are happy to see that it is recognized with these great awards by TUYID, which is the organization that promotes best in class investor relations in Türkiye. I would like to thank my team for making this happen and our company management for their invaluable support”
About TUYID
TÜYİD (The Turkish Investor Relations Association) is designed to foster collaborative ties among investor relations professionals and the constituencies which they serve such as management, shareholders, bondholders, private investors, analysts, employees, government, corporate customers and media, at both the corporate and personal levels, with a view to develop professional know-how and to elevate Turkish investor relations applications on a par with global standards.
Türk Telekom is listed as one of the 15 companies in BIST 30 to be included in the newly created BIST Sustainability Index. Borsa İstanbul launched the BIST Sustainability Index on November 5, 2014. BIST 30 companies were evaluated by Ethical Investment Research Services Limited (EIRIS) based on their ESG (Environmental, Social and Governance) practices. Turk Telekom’s long standing emphasis on ESG policies and its exemplary practices secured its place in the BIST Sustainability Index.
Borsa İstanbul Chairman & CEO Dr. İbrahim M. Turhan said; “Index provides a benchmark for companies’ performance on environmental, social and corporate governance issues in addition to their financial performance, and added, “It is an important indicator in this respect. The Index will be a very important instrument in allowing investors to easily discriminate those companies that adopt sustainability and corporate social responsibility principles and invest in them. In the hope that the new Index will contribute to sustainable development, sustainability, and help us live in a better world, I pray that the Index will prove beneficial for our economy, for our markets, and Türkiye”.
In a significant show of success, Türk Telekom was ranked first in the sixth consecutive “Türkiye’s Most Valuable Brands” survey by the international brand valuation firm, Brand Finance.
Türk Telekom ranked first place in the 2014 edition of the “Türkiye’s Most Valuable Brands” survey by the international brand valuation firm, Brand Finance. According to data released, Türk Telekom retained the top spot in the list for the sixth consecutive year with a value of $2 billion. In addition to Türk Telekom’s innovative products and services and achievements in regional development, this achievement was also made possible through Türk Telekom’s social responsibility projects for creating added value for Türkiye, and the international awards it received. As Türk Telekom becomes the symbol of innovation for Türkiye with its strategies and investments, it also maintains its position as Türkiye’s most valuable brand with newly developed communications and convergence technologies, steps it took to become a key player in the international data market, and sustainable social responsibility projects.
In addition to Türk Telekom’s value-added convergence products and services on voice, data, video and content, new investments played a significant role in the achievement of being selected “Türkiye’s Most Valuable Brand” for the sixth consecutive time. Developing and investing in value-added products and services in accordance with the needs of its customers, Türk Telekom aims to continue its success in this area in the coming years.
Turk Telekom, Türkiye's leading communications and convergence technologies company, has achieved a great success, being selected as Best of Global Telecommunications Industry within investor relations website category at 15th IR Global Rankings Awards following the assessment made for hundreds of companies in the world.
At the Award Ceremony, which took place on November 28, 2013 at the London Stock Exchange, Turk Telekom also received awards for 3rd place in the category of Best Investor Relations Website in the Worldand 3rd place in the category of Best Investor Relations Website in Europe, ranking above more than 300 global powerhouses from a variety of industries.
Turk Telekom, also ranked top in financial disclosure category and placed among best investor relations websites in Europe in previous years, will continue to improve its presence in leading best practices in Investor relations.
About IR Global Rankings
The IR Global Rankings ("IRGR") is the most comprehensive ranking system for investor relations websites, online annual report, corporate governance practices and financial disclosure procedures. The ranking is based on extensive technical proprietary research of publicly traded companies through a clear and transparent methodology and is supported by key global institutions such as Arnold & Porter; KPMG; MZ and Sodali.
The evaluations are executed by a team of experienced investor relations professionals and are reviewed by independent audit and legal experts. The IR Global Rankings provides a unique and value-added external review of a company’s communication process with analysts and investors worldwide.
IR Magazine’s editor Tim Human interviewed Onur Oz, Turk Telekom’s Head of Investor Relations. Turk Telekom IR Team is quoted as one of the most innovative IR teams in Türkiye.
Onur Oz shared his views on Turk Telekom IR and Turkish IR Society’s role in organizing Türkiye’s first IR Summit in 2012 and Turk Telekom IR’s leading practices in Corporate Governance and Socially Responsible Investing (SRI) in Türkiye.
The coverage features the SRI section of Turk Telekom IR web site.
IR Magazine is a global business magazine covering corporate finance and related issues for investor relations professionals, CFOs, CEOs and other corporate executives.
You can access the interview content at the following link:
How They Do It in Turk Telekom: http://www.insideinvestorrelations.com/articles/case-studies/19349/how-they-do-it-turk-telekom/
Türkiye’s first Investor Relations Summit organized by Turkish IR Society (TÜYİD) was held in December 11, 2012, with the pioneering role of Türk Telekom Investor Relations. Over 100 professionals from investor relations, brokerage houses and fund management companies attended the event which was held in cooperation with Turkish IR Society.
In the summit, panels were held about communication tools for investor Relations, international investor relations management and effective investor targeting, where Onur Öz, Türk Telekom Capital Markets and Investor Relations Director , was among the panelists. The panels were followed by a coctail reception with a keynote speech by ISE Chairman Dr. İbrahim Turhan. TTNET CEO and TÜYİD Vice President Abdullah Orkun Kaya attended the coctail reception, where Dr. İbrahim Turhan gave a speech about latest news on Capital Markets and the planned innovations for the coming period.
Please click here for more information about the event.
Türk Telekom, Türkiye’s leading company of communication and convergence technologies put its signature under a global success this year in the 14th IR Global Rankings “Best Ranked Companies”. Türk Telekom online annual report of 2011 has now been ranked in category of Best Ranked Online Report by Industry among more than 280 companies from 45 countries.
The ranking was made based on a technical evaluation conducted by a team of specialists within the context of IR Global Rankings (IRGR), applying a comprehensive and well-known ranking system. Türk Telekom was also placed among the companies which are ranked as “Best Ranked Financial Disclosure Procedures in Europe”
Companies applying to IRGR are assessed and ranked on a regional basis while the ranking methodology and voting results are audited by an independent committee comprised of Arnold & Porter, KPMG, MZ and Sodali. . Rankings are made within five different regions; North America, Europe, Latin America, China and Greater China and India.
Türk Telekom, having received many prestigious awards globally since its public offering, had received Best Investor Relations website from IR Global Rankings and ranked top globally in "Best Financial Disclosure" category last year. IR Global Rankings awards are also known as the world’s most transparent and independent awards in their fields.
Türk Telekom Group CEO, Mr. Hakam Kanafani is selected "Best CEO for Investor Relations" across Türkiye among all the companies listed in the survey.
The Survey reflects the contribution of over 15,000 professionals from over 2,200 buy-side firms, more than 2,500 analysts from 250 brokerage firms/research houses and nearly 1,000 of Europe's largest quoted companies worldwide.
IR Global Rankings featured Turk Telekom Investor Relations as cover story in their annual IRGR Magazine, following our success in IR Global Rankings. The article included examples from our website.
IR Magazine, which is published monthly by Inside Investor Relations, has also featured Turk Telekom Investor Relations Website as one of the best examples in the world.
Both magazines illustrated their articles with the display of our website, showing it as the global best practice in investor relation websites.
You may see the articles at www.irglobalrankings.com and www.insideinvestorrelations.com
Türk Telekom, Türkiye’s leading company of communication and convergence technologies put its signature under a global success this year in the 14th IR Global Rankings (IRGR).
Türk Telekom, previously selected among the Best Investor Relations Websites in Europe, has now been ranked top globally in "Best Financial Disclosure" category following the assessment made among hundreds of companies in the world.
The ranking was made based on a technical evaluation conducted by a team of specialists within the context of IR Global Rankings (IRGR), applying a comprehensive and well-known ranking system.
Sub-categories for Financial Disclosure includes Financial and Operating Information, Guidance, Conference Calls & Presentations, and Exemplary Disclosure.
Türk Telekom, having received many prestigious awards globally since its public offering, had received Best Investor Relations website from IR Global Rankings last year.
IR Global Rankings featured Türk Telekom Investor Relations Team as cover story in its annual magazine, showing Türk Telekom Investor Relations website as an example for best practices across the world.
IR Global Rankings awards are also known as the world’s most transparent and independent awards in their fields.
Companies applying to IRGR are assessed and ranked on a regional basis while the ranking methodology and voting results are audited by an independent committee comprised of Arnold & Porter, KPMG and Sodali. Rankings are made within five different regions; North America, Europe, Latin America, Asia/ Pacific and Africa.
2010 annual report of Türk Telekom has been ranked “second” in the category of Top 100 Annual reports following the assessment made among more than five thousand companies in the world. In the sectoral rankings, Turk Telekom has been awarded as “Best Annual Report in Telecommunications Sector”. Türk Telekom has also been ranked 3rd in Best Online Annual Report in the world.
Companies applying to 2010/11 Vision Awards are assessed by communications professionals affiliated with LACP who have a broad spectrum of PR functions ranging from corporate, executive, and internal communications. Award results are based on the judging of submissions within peer-level competition classes. Competition classes are determined according to company size, annual revenue, and other pertinent factors included on the entry form. Scoring is derived according to a proprietary judging system developed by LACP, which assigns point values to various criteria of an entry.
League of American Communications Professionals LLC (LACP) which was established in 2001 in order to create a forum within the public relations industry, facilitates discussion of best-in-class practices. In every year, competition entries came from organizations in the top 10 of the Fortune 500.
Türk Telekom, Türkiye's leading company of communication and convergence technologies put its signature under a global success this year in the 13rd IR Global Rankings (IRGR). Türk Telekom, previously selected among the Best Investor Relations Websites in Europe, has now been ranked first in the category "Best Investor Relations Website in Telecommunication Industry" following the assessment made among hundreds of companies in the world. The ranking was made based on a technical evaluation conducted by a team of specialists within the context of IR Global Rankings (IRGR), applying a comprehensive and well-known ranking system.
Türk Telekom, Türkiye's leading company of communication and convergence technologies put its signature under a global success this year in the 13rd IR Global Rankings (IRGR). Türk Telekom, previously selected among the Best Investor Relations Websites in Europe, has now been ranked first in the category "Best Investor Relations Website in Telecommunication Industry" following the assessment made among hundreds of companies in the world.
In the global rankings, Türk Telekom has also been ranked 2nd in "Best Online Annual Report in Telecommunications Industry".
The ranking was made based on a technical evaluation conducted by a team of specialists within the context of IR Global Rankings (IRGR), applying a comprehensive and well-known ranking system.
Companies applying to IRGR are assessed and ranked on a regional basis while the ranking methodology and voting results are audited by an independent committee comprised of Arnold & Porter, KPMG and Sodali. Rankings are made within five different regions; North America, Europe, Latin America, Asia/ Pacific and Africa.
Türk Telekom, the leading telecommunications and convergence technologies company in Türkiye, continues to demonstrate its success in investor relations with new awards. In the Third Turkish Investor Relations Awards organized by Acclaro and Thomson Reuters, Türk Telekom has received first prizes in categories of Best Investor Relations Officer, Best Investor Relations Website, Best Investor Relations Department, Best Boardroom Disclosure and Transparency, and a second prize in Best Communication of Financial Results. Türk Telekom stamped its name on the awards ceremony receiving 4 first prizes and 1 second prize out of a total of 8 categories, as well as Grand Prix Award, which reflects the overall winner of the awards programme.
Mr. Abdullah Kaya, TTNET CFO and Head of Investor Relations at Türk Telekom Group, has been awarded Best Investor Relations Officer for his outstanding efforts to develop relationships which create an enthusiastic and supportive body of shareholders who support the business in the long term.
"Türk Telekom Group attaches great priority to investor relations and gives maximum effort to enhance two way communication with current and potential investors. This achievement, therefore, carries much significance for us. I would like to express my gratitude to Türk Telekom Group management and employees, in particular to our Investor Relations Team." said Türk Telekom Group CEO Mr. Hakam Kanafani commenting on the awards.
Charles Ross, Managing Director of Acclaro and founder of Türkiye's Annual Investor Relations Awards, said: "These awards have built on their successful launch in 2009, with many Turkish companies committing considerable time and resources over the last 12 months to improve their investor relations offerings. We found dramatic levels of improvement particularly from this year's leader Türk Telekom, who has shown that a company who has only recently been listed, can still build a world‐class investor relations offering with the right amount of dedication from both senior management and the investor relations department. These awards have shown that Turkish companies are able to achieve world class standards when allowed sufficient resources and senior management commitment."
The Evaluation Process of the IR Awards is an objective methodology developed by Acclaro to recognize excellence in Investor Relations. An initial Polling by Thomson Reuters collects the votes for candidates. The Selection Panel receives a shortlist generated by the Poll along with Acclaro Research to support decision making in specific categories. This ensures that winners of Turkish Investor Relations Awards are decided by a well informed, impartial and objective process. For more information about Turkish IR Awards, please visit www.irawards.eu
Türk Telekom, Türkiye's leading company of communication and convergence technologies put its signature under a European-scale success this year in the 13rd IR Global Rankings (IRGR) awards. Following the assessment made among hundreds of companies in the world, Türk Telekom has won the awards "Best Investor Relations Website" and "Best Improvement in Investor Relations Website". Companies winning the awards have been elected based on a technical evaluation conducted by a team of specialists within the context of IR Global Rankings (IRGR), applying a comprehensive and well-known ranking system.
IR Global Rankings Awards is organized by MZ Consulting which is among the world's leading investor relations and financial communications companies. IR Global Rankings awards are also known as the world's most transparent and independent awards in their fields.
Türk Telekom Group CEO, Mr. Hakam Kanafani, commented on the awards saying "Our team exerts effective effort in maintaining solid communications with our investors based on transparency, accuracy, credibility and trust. By inaugurating Türk Telekom Group's Investor Relations Website, we enhance our relationship with the investor community and furthermore build on our solid base of investor trust. I would like to thank Türk Telekom Investor Relations Team for their achievements and their zealous pursuit of excellence in reporting coupled by state of the art services."
"Our main goal, way further than simply conduct rankings awards, is to help companies to improve their Investor Relation programs overall. Türk Telekom has being participating in the IR Global Rankings since 2009, and we are very proud and honored to be part of its remarkable improvements during these past years. We congratulate Türk Telekom IR Team by being a so well ranked Turkish Company compared with experienced European companies that have been doing this for so many years ahead, taking the company for such a good level within its IR communication program." said Luar Huber Bercht, Head of IR Global Rankings.
Companies applying to IRGR are assessed and ranked on a regional basis while the ranking methodology and voting results are audited by an independent committee comprised of Arnold & Porter, KPMG and Sodali. Awards are distributed for five different regions; North America, Europe, Latin America, Asia/ Pacific and Africa.
Türk Telekom has received two second and one third prizes in categories of "Best Communication of Financial Results", "Best CEO for Investor Relations" and "Best Investor Relations Officer" in the Türkiye's Investor Relations Awards held for the second time by Thomson Reuters and Acclaro.
Türk Telekom, the leading convergence and communications technologies in Türkiye, continues to demonstrate its success in investor relations with new awards. In Türkiye's Investor Relations Awards organized by Türk Telekom, Thomson Reuters and Acclaro for the second time, Türk Telekom has been awarded second prize in the category of "Best Communication of Financial Results", Paul Doany, General Director of Türk Telekom has been awarded third prize in "Best CEO for Investor Relations", and Abdullah Kaya, Director of Capital Markets and Investor Relations in Türk Telekom has been awarded second prize in "Best Investor Relations Director".
In the study carried out by Acclaro and ExtelSurvey, efficiency and performance of companies in investor relations activities are evaluated independently. ExtelSurvey is being prepared by Thomson Reuters which is the world's leading financial information company in line with views of professional investors.
Türk Telekom receives two awards from Euromoney's annual "Best Managed Companies in Central &Eastern Europe" survey for 2010
Türkiye's leading telecommunications and convergence technology company Türk Telekom has achieved two awards in Euromoney's annual "Best Managed Companies in Central & Eastern Europe" survey for 2010. Türk Telekom ranked first in "Most Accessible Senior Management" sub-category in the survey. Türk Telekom has also received "Most Improved Management" second place award in the survey carried out by Euromoney, one of the most important publications in the financial world.
These are prestigious awards with companies being nominated by market analysts at leading banks and research institutes across the region based on market strength, profitability, growth potential and quality of management and earnings.
Türk Telekom has received the "Europe's Best Investor Relations Officer" and "Europe's Best Investor Relations Program" awards in IR Global Rankings Investor's Choice category in the 12th annual "IR Global Rankings"
Türkiye's leading telecommunications and convergence technology company Türk Telekom has achieved great success across Europe in the 12th annual "IR Global Rankings". Türk Telekom has received "Europe's Best Investor Relations Program" award among 503 companies from nearly 40 countries of the world. Mr. Abdullah Kaya, Head of Capital Markets and Investor Relations, has received "Europe's Best Investor Relations Officer" award, doubling Türk Telekom's joy in winning the awards. Winning companies are defined by the direct votes of analysts, investors and capital market professionals, as part of the world's most comprehensive and prestigious ranking system IR Global Rankings.
"IR Global Rankings" is held by the leading global investor relations and financial communications firm MZ Consulting. Among the supporters of IRGR Awards are The Bank of New York Mellon, Corporate Asia Network and Bloomberg. IR Global Rankings is recognized as the most transparent and independent organization within the field, due to winners being selected by voters consisting of investors, analysts and capital market professionals.
The registrants of IR Global Rankings were reviewed and ranked on a regional basis. Review methodology and voting results were audited by KPMG. The awards are presented to the winners in five different regions consisting of North America, Europe, Latin America, Asia/Pasific and Africa. For further information please visitwww.irglobalrankings.com.
Türk Telekom is recognized as "Best Newly Listed Company" in Euromoney's 5th annual emerging Europe company ranking
Türk Telekom is recognized as "Best Newly Listed Company" by Euromoney. Euromoney's 5th annual emerging Europe company ranking is based on a survey of market analysts at leading banks and research institutes in the region. Selection criteria included market strength, profitability, growth potential and quality of management and earnings.
Türk Telekom's CEO Dr. Paul Doany has been selected "Best CEO"
Türk Telekom's CEO Dr. Paul Doany has been selected "Best CEO" in Investor Relations Awards, which was held by Thomson Reuters and Acclaro under the supervision of Deloitte. Türk Telekom has been one of the two companies to become a finalist in all categories in its first year of public offering.
The privatization of Türk Telekom was named as the "Best Privatization in Central and Eastern Europe in 2008" by "EMEAFINANCE".
In the March edition of the "EMEAFINANCE" magazine, the IPO of Türk Telekom was mentioned as the only IPO in 2008 and the largest ever IPO in Türkiye , with a total size of US$1.9 billion. Furthermore, Türk Telekom's IPO was the third largest IPO in EMEA, and the largest telecom IPO globally in the last four years.