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Stock impact report

Turkcell Iletisim Hizmetleri A.S. (TKC) Sees Reduced Holding From Rhumbline Advisers [Yahoo! Finance]

Turkcell Iletisim Hizmetleri AS (TKC) 
Company Research Source: Yahoo! Finance
the first quarter, Rhumbline Advisers trimmed its stake in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 12.9% through the sale of 21,761 shares. According to a recent disclosure with the SEC, the firm now owns 146,534 shares of the company's stock, translating to an investment worth $911,000. What's interesting about Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) is its focus on strategic infrastructure investments for the much-anticipated technology transitions. As revealed in the latest earnings, the company allocated more than 80% of the quarter's CapEx to mobile and fixed networks in an attempt to further solidify its capacity for communication services. Jim Cramer Says Turkcell Iletisim Hizmetleri A.S. (TKC) Is a Dice Roll – A Bridge Too Far! Additionally, Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) invested in data centers to capitalize on the growing demand. For the last 30 years, the company has maintained a strong market presence with its innovative offerings and disc Show less Read more
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