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 December 29, 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 release dated December 29, 2003 - "THE TELECOMMUNICATION
AUTHORITY FINES TURKCELL."
[GRAPHIC OMITTED]
FOR IMMEDIATE RELEASE
THE TELECOMMUNICATION AUTHORITY FINES TURKCELL
Istanbul, Turkey: December 29, 2003--Turkcell (NYSE:TKC, ISE: TCELL), the
leading provider of mobile communications services in Turkey, today announced
that the Telecommunication Authority ("TA") has fined Turkcell, claiming that
Turkcell made inadequate annual frequency usage fee payments.
According to the related regulations, frequency usage fee claims should arise
only for those subscribers who actively use their mobile phones. However, the TA
claimed that Turkcell also should pay these fees for those subscribers whose
inactivity may be temporary. The TA demands TL16,005.3 billion (US$11.3mn) for
insufficient payment and an interest charge amounting to TL10,761.8 billion
(US$7.6mn). Moreover, the TA ordered us to pay an additional amount of
TL63,461.6 billion (US$45.1mn) as an administrative penalty. Turkcell believes
that the TA's calculations of the required frequency fee payments are unfair and
not balanced. Turkcell believes that the TA's decision is due to a
misinterpretation of the applicable regulations and that the magnitude of the
administrative penalty is surprising. The total amount demanded by the TA totals
TL90,228.7 billion (US$64.1mn). Turkcell will take the necessary legal actions
against the TA's ruling.
www.turkcell.com.tr
About Turkcell
Turkcell is the leading GSM operator in Turkey with approximately 18.2 million
postpaid and prepaid customers as of September 30, 2003. Turkcell had revenues
of US$ 1,839.4 million during the nine month period ended September 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 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 2.1 million subscribers as of September
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
Toby Moore
Murat Borekci, Investor Relations Tel:+44-20/7282-2999
Tel: + 90 212 313 1503 Email: toby.moore@citigatedr.co.uk
Email: murat.borekci@turkcell.com.tr or
investor.relations@turkcell.com.tr
United States:
Media: Victoria Hofstad/Jessica Wolpert
Zuhal Seker, Corporate Communications Tel: +1-201-499-3500
Tel: + 90 212 313 2330 Email: victoria.hofstad@citigatefi.com
Email: zuhal.seker@turkcell.com.tr jessica.wolpert@citigatefi.com
or
Bahar Erbengi, Corporate Communications
Tel: + 90-212/313-2309
Email: bahar.erbengi@turkcell.com.tr
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: December 29, 2003 By: /s/ MUZAFFER AKPINAR
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Name: Muzaffer Akpinar
Title: Chief Executive Officer