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 February 28, 2003
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TURKCELL ILETISIM HIZMETLERI A.S
Turkcell Plaza
Mesrutiyet Caddesi No.153
80050 Tepebasi
Istanbul, Turkey
____________________
(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: Turkcell announcement regarding new action by Turk Telekom
[TURKCELL logo]
FOR IMMEDIATE RELEASE
TURKCELL ANNOUNCEMENT REGARDING NEW ACTION BY TURK TELEKOM
Istanbul, Turkey: February 28, 2003--Turkcell (NYSE:TKC, ISE: TCELL), the
leading provider of mobile communications services in Turkey, has today
announced developments in its relations with Turk Telekom, the Turkish
fixed-line monopoly.
In a case filed by Turk Telekom against the Turkish Telecommunications
Authority, the Danistay, the highest administrative court of Turkey has
granted an injunction limiting the applicability of Clause 13 of the License
Agreement signed between the Turkish Telecommunication Authority and Turkcell.
Clause 13 regulates the base unit price, the minimum price charged by the Turk
Telekom to its customers for calls originating on fixed lines and terminating on
Turkcell's network. Turk Telekom keeps a portion of the amount and then pays the
remainder to Turkcell on a monthly basis. Pursuant to the injunction by the
Danistay, Turk Telekom has informed Turkcell that it will recalculate and make
its monthly payments to Turkcell on an ongoing basis beginning from the January
2003 payment.
Although, Turkcell is currently unable to assess the full financial impact of
this development, Turkcell will take necessary legal action against the
Dany(0)tay's injunction. Furthermore, once the payment for the month of January
2003 is received from Turk Telekom in relation to the base unit price, Turkcell
will determine the difference and will take necessary actions against Turk
Telekom's claim.
www.turkcell.com.tr
About Turkcell
Turkcell is the leading GSM operator in Turkey with approximately 15.7 million
postpaid and prepaid customers as of Dec 31, 2002. Turkcell had revenues of US$
1,469.0 million and adjusted EBITDA of US$534.2 million as of Sep 30, 2002.
Turkcell provides high-quality wireless telephone services throughout Turkey and
has coverage of 100% of the towns with more than 10,000 inhabitants as of Sep
30, 2002. At the end of 1999, Turkcell became the first GSM operator in Turkey
to be awarded the prestigious ISO 9001 certificate for the quality of its
service. Turkcell is the only NYSE listed company in Turkey.
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For further information please contact:
Turkcell Citigate Dewe Rogerson
Investors: Europe
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Koray Ozturkler, Investor Relations Kate Delahunty/Oskar Yasar
Tel: +90 212 313 1500 Tel: +44 20 7282 2934
Email: koray.ozturkler@turkcell.com.tr Email: kate.delahunty@citigatedr.co.uk
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Oskar.yasar@citigatedr.co.uk
Mehmet Sezgin, Investor Relations
Tel: + 90 212 313 1290 United States
Email: mehmet.sezgin@turkcell.com.tr -------------
----------------------------- Victoria Hofstad/Patrick Hughes
Tel: +1 212 840 0008
investor.relations@turkcell.com.tr Email: victoria.hofstad@citigatefi.com
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patrick.hughes@citigatefi.com
Media: -----------------------------
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Zuhal Seker, Corporate Communications
Tel: + 90 212 313 2330
Email: zuhal.seker@turkcell.com.tr
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Okan Karagoz, Corporate Communications
Tel: + 90 212 313 2314
Email: okan.karagoz@turkcell.com.tr
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Internet: www.turkcell.com.tr
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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: February 28, 2003 By: /s/ MUZAFFER AKPINAR ]
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Name: Muzaffer Akpinar
Title: Chief Executive Officer