Local mobile operators earn 9 percent more

ANKARA - Anatolia News Agency

The Turkish telecommunication sector earned over 30 billion Turkish Liras last year mostly thanks to four major companies – Turkcell, Turk Telekom, Vodafone and Avea – which raised their sales income by 9 percent to 24.4 billion liras in 2012, Turkey’s information technology agency report revealed.

Turkcell, the biggest mobile operator of Turkey, earned 28.3 percent of the total revenue, while Turk Telekom’s share was 23.5 percent, Vodafone’s 15.9 percent, Avea’s 11.2 percent and other operators’ 21.1 percent.

The overall growth of the sector was 14 percent and the growth of net sales income of other operators surged over 35 percent, showing how while the majority of income comes from giants, the proportion of smaller enterprises is increasing.

The report also reveals the total investment amounts of Turk Telekom and the other three operators in the last quarter of 2012. While both Turk Telekom and Turkcell increased their investments by 4.3 and 5.9 percent, respectively, Avea and Vodafone cut their investments back. Vodafone trimmed its investments by a substantial amount of 26.4 percent.