SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K dated October 15, 2003
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TURKCELL ILETISIM HIZMETLERI A.S.
Turkcell Plaza
Mesrutiyet Caddesi No.153
34430 Tepebasi
Istanbul, Turkey
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(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F: |X| Form 40-F: |_|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):
Yes: |_| No: |X|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
Yes: |_| No: |X|
Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes: |_| No: |X|
Enclosures: Press releases:
1- "TURKCELL ANNOUNCES REVISION TO INTERCONNECTION AGREEMENT WITH
TELSIM", dated October 13, 2003
2- "TURKCELL ANNOUNCES THE DISPUTE ON FREQUENCY USAGE FEES IS
RESOLVED", dated October 15, 2003
[TURKCELL logo]
FOR IMMEDIATE RELEASE
TURKCELL ANNOUNCES REVISION TO INTERCONNECTION AGREEMENT WITH TELSIM
Istanbul, Turkey, October 13, 2003 - Turkcell (NYSE:TKC, ISE:TCELL), the leading
provider of mobile communications services in Turkey, today announced that it
has signed an agreement with Telsim amending certain sections of the
Interconnection Agreement dated October 4, 1999, between Turkcell and Telsim
("the Agreement"). Turkcell and Telsim amended pricing terms of the Agreement in
response to the Access and Interconnection Regulation introduced by the
Telecommunication Authority of Turkey in May 2003. The amended agreement came
into effect as of today.
All the following rates are set in Turkish Lira and will be revised by the
parties every three months based on the consumer price index. During periods of
sharp devaluation of the Turkish Lira, the devaluation rate will also be taken
into consideration in such revisions. The amended pricing terms of the Agreement
will be applicable until the end of 2004 when both parties will revise them
based on conditions reached at that time. All the rates are net of all
applicable taxes. US Dollar rates given in brackets after Turkish Lira
denominated rates below are calculated based on the current exchange rate and
may be subject to change.
According to the revised agreement, Turkcell will pay TRL210,000 (apprx.
US$0.152) per minute to Telsim for traffic originating on Turkcell's network and
terminating on Telsim's network. Telsim will pay the same rate to Turkcell for
the reverse traffic. This rate, after quarterly revisions, will be subject to a
discount of 4.762% in May 2004 as part of this agreement. Turkcell will pay
Telsim TRL25,000 (apprx. US$0.018), for each SMS originating on Turkcell's
network and terminating on Telsim's network. Telsim will pay the same rate to
Turkcell for the reverse traffic.
www.turkcell.com.tr
About Turkcell
Turkcell is the leading GSM operator in Turkey with approximately 17.2 million
postpaid and prepaid customers as of June 30, 2003. Turkcell had revenues of US$
1,074.8 million during the six month period ended June 30, 2003. Turkcell
provides high-quality wireless telephone services throughout Turkey and has
coverage of 100% of the towns with more than 10,000 inhabitants. Turkcell
provides roaming with 352 operators in 141 countries as of September 30, 2003.
At the end of 1999, Turkcell became the first GSM operator in
1
Turkey to be awarded the prestigious ISO 9001 certificate for the quality of its
service. Turkcell is the only NYSE listed company in Turkey. Turkcell has
interests in international GSM operations in Azerbaijan, Georgia, Kazakhstan,
Moldova and Northern Cyprus, which have a total of 1.9 million subscribers as of
June 30, 2003.
For further information please contact:
--------------------------------------------------------------------------------
Contact:
Turkcell Citigate Dewe Rogerson
Investors: Europe:
Koray Ozturkler, Investor Relations Kate Delahunty
Tel: +90-212/313-1500 Tel: +44-20/7282-2934
Email: koray.ozturkler@turkcell.com.tr Email: kate.delahunty@citigatedr.co.uk
------------------------------- -------------------------------
or Toby Moore
Tel:+44-20/7282-2999
Mehmet Sezgin, Investor Relations Email: toby.moore@citigatedr.co.uk
Tel: + 90-212/313-1290 ---------------------------
Email: mehmet.sezgin@turkcell.com.tr or
-----------------------------
investor.relations@turkcell.com.tr United States:
---------------------------------- Victoria Hofstad/Jessica Wolpert
Tel: +1-201-499-3500
Media: Email: victoria.hofstad@citigatefi.com
Zuhal Seker, Corporate Communications -------------------------------
Tel: + 90-212/313-2330 jessica.wolpert@citigatefi.com
Email: zuhal.seker@turkcell.com.tr ------------------------------
---------------------------
or
Bahar Erbengi, Corporate Communications
Tel: + 90-212/313-2309
Email: bahar.erbengi@turkcell.com.tr
-----------------------------
--------------------------------------------------------------------------------
2
[TURKCELL logo]
FOR IMMEDIATE RELEASE
TURKCELL ANNOUNCES THE DISPUTE ON FREQUENCY USAGE FEES IS RESOLVED
Istanbul, Turkey, October 15, 2003 - Turkcell (NYSE:TKC, ISE:TCELL), the leading
provider of mobile communications services in Turkey, today announced that the
dispute with the Telecommunications Authority (the "Authority") on frequency
usage fee is resolved.
In January 2002, Turkcell applied to the Authority requesting it to review the
protocol obligating Turkcell to collect frequency usage fees from its
subscribers on the grounds that it was impossible to collect these fees from
prepaid subscribers. Upon the request of the Authority in February 2002 to pay
the frequency usage fees, Turkcell filed a lawsuit against the Authority
requesting cancellation of the protocols obligating it to collect the frequency
usage fees from prepaid subscribers. In July 2002, the court decided in favor of
Turkcell. However, the Authority appealed the decision and in March 2003 the
Court of Appeals accepted the Authority's appeal and annulled the decision of
the lower court.
After the Court of Appeals' decision, Turkcell paid TL86.9 trillion (US$61.1
million, as of June 30, 2003) for the year 2003. Turkcell did not paid the fees
due for 2002, as the legal process was ongoing, however, Turkcell accrued legal
reserves in its financials. The disputed amount for the year 2002 is TL52.3
trillion (US$36.8 million, as of June 30, 2003) in principal and TL58.6 trillion
(US$41.2 million as of June 30,2003) in interest as of June 30, 2003.
The lower court revised its decision to make it in line with the Court of
Appeal's decision and rejected Turkcell's request the cancellation of the
protocols obligating it to collect the frequency usage fees from the prepaid
subscribers. The decision is final and not subject to appeal.
www.turkcell.com.tr
About Turkcell
Turkcell is the leading GSM operator in Turkey with approximately 17.2 million
postpaid and prepaid customers as of June 30, 2003. Turkcell had revenues of US$
1,074.8 million during the six month period ended June 30, 2003. Turkcell
provides high-quality wireless telephone services throughout Turkey and has
coverage of 100% of the towns with more than 10,000 inhabitants. Turkcell
provides roaming with 352 operators in 141 countries as of September 30, 2003.
At the end of 1999, Turkcell became the first GSM operator in
1
Turkey to be awarded the prestigious ISO 9001 certificate for the quality of its
service. Turkcell is the only NYSE listed company in Turkey. Turkcell has
interests in international GSM operations in Azerbaijan, Georgia, Kazakhstan,
Moldova and Northern Cyprus, which have a total of 1.9 million subscribers as of
June 30, 2003.
For further information please contact:
--------------------------------------------------------------------------------
Contact:
Turkcell Citigate Dewe Rogerson
Investors: Europe:
Koray Ozturkler, Investor Relations Kate Delahunty
Tel: +90-212/313-1500 Tel: +44-20/7282-2934
Email: koray.ozturkler@turkcell.com.tr Email: kate.delahunty@citigatedr.co.uk
------------------------------- -------------------------------
or Toby Moore
Tel:+44-20/7282-2999
Mehmet Sezgin, Investor Relations Email: toby.moore@citigatedr.co.uk
Tel: + 90-212/313-1290 ---------------------------
Email: mehmet.sezgin@turkcell.com.tr or
-----------------------------
investor.relations@turkcell.com.tr United States:
---------------------------------- Victoria Hofstad/Jessica Wolpert
Tel: +1-201-499-3500
Media: Email: victoria.hofstad@citigatefi.com
Zuhal Seker, Corporate Communications -------------------------------
Tel: + 90-212/313-2330 jessica.wolpert@citigatefi.com
Email: zuhal.seker@turkcell.com.tr ------------------------------
---------------------------
or
Bahar Erbengi, Corporate Communications
Tel: + 90-212/313-2309
Email: bahar.erbengi@turkcell.com.tr
-----------------------------
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2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Turkcell Iletisim Hizmetleri A.S. has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
TURKCELL ILETISIM HIZMETLERI A.S.
Date: October 15, 2003 By: /s/ MUZAFFER AKPINAR
------------------------
Name: Muzaffer Akpinar
Title: Chief Executive Officer