Headline: Turkcell Secures a 1.23 Billion Yuan Loan Agreement with China Development Bank

Turkcell has made a significant move in the international credit market by signing a loan agreement worth 1.23 billion yuan with the China Development Bank. This step follows the preliminary protocol reached in May and is seen as a notable advancement.

Significant Initiative for Digital Transformation by Turkcell
Kamil Kalyon, Turkcell's Deputy General Manager of Finance, emphasized the strong interest from overseas investors and stated that this financing will greatly contribute to Turkey's digital transformation. Kalyon noted, "This agreement will not only support our innovation processes and investments in telecom equipment but also significantly contribute to Turkey's digital transformation."

With this credit, the first tranche of a 10-year agreement valued at 300 million euros with the China Development Bank, Turkcell will acquire new generation infrastructure products. It is highlighted as one of the most cost-effective financing options recently announced in the sector under current market conditions.

Symbol of Global Trust: Innovative Collaborations
Jia Chenliang, Deputy General Manager of the Shenzhen Branch of the China Development Bank, stated that the agreement will expand cooperation between the two countries in technology, trade, and economic development. Chenliang remarked, "We are determined to take the necessary steps to strengthen connectivity among countries and support sustainable development under the Belt and Road Initiative."

This development is expected to provide a solid foundation for Turkcell's long-term growth strategy, significantly contributing to Turkey's telecommunications sector in seizing future opportunities and accelerating its digital transformation. The agreement is considered a reflection of global trust for both Turkcell and Turkey.