ISTANBUL--Turk Telekomunikasyon AS (TTKOM.IS) said late Thursday
it expects consolidated revenue to increase by 5%-7% in 2013
compared with the previous year.
The company expects its consolidated earnings before interest,
tax, depreciation and amortization, or EBITDA to reach TRY5.1
billion-TRY5.3 billion ($2.87 billion-$2.99 billion) in 2013 and
consolidated investment spending to be around TRY2.2 billion in
2013, it said in a statement to the Istanbul Stock Exchange.
For full-year 2012 Turk Telekom's net profit rose 28% to TRY2.64
billion from TRY2.068 billion. Full-year income from sales rose to
TRY12.7 billion from TRY11.94 billion.
Turk Telekom, which is controlled by Dubai-based Oger Telecom,
listed on the Istanbul Stock Exchange in May 2008.
Write to Yeliz Candemir at yeliz.candemir@dowjones.com
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