On November 5, 2010, we have announced that on September 22,
20101, Turkey's Information and Communication Technologies Authority
("ICTA") has decided Turkcell to reimburse its subscribers in
regards to a change in one of its tariff options (namely, BizBize Her
Yöne Kamu 1500) following the ICTA's decision of March 25, 20092
and fined Turkcell an amount equal to 0.33% of Turkcell's 2009
stand-alone revenues. Our company filed a lawsuit for the suspension
of execution, then annulment of the mentioned decision and that
Regional Ankara Administrative Court suspended the execution of
the Authority's decision.
(1) reference number 2010/DK-10/543
(2) reference number 2009/DK-07/149
On June 27, 2008 Turkcell has announced that the Information and Communication Technologies Authority ("ICTA") has issued a fine for the amount of TRY32 million with regards to certain Turkcell campaigns relating to some of its subscription packages that offered free minutes to its customers under certain conditions. Turkcell also added that the Company would take the necessary legal steps to dispute this claim. Turkcell filed a lawsuit requesting the annulment of this decision immediately after the payment of TRY24 million with a 25% discount on August 1, 2008. The Court has rejected our claim, and Turkcell is to appeal against this Court's decision accordingly.
In line with our strategic priorities, we have made changes to our management team to be effective from March 14, 2011. Selen Kocabas becomes Chief Corporate Business Officer. Emre Sayin, who was the Chief Corporate Business Officer, has been assigned to manage Consumer Strategic Projects reporting to the Chief Executive Officer. Our Business Support Function is being restructured and renamed as the Human Resources Function and Meltem Kalender Ozturk becomes the Chief Human Resources Officer.
As per the announcement on December 17, 2010, we had stated that our Company was conducting research and analysis regarding the sale process of 51% of Serbia Telecom's shares. Following the evaluation process, we have decided not to bid in the tender for the 51% of Serbia Telecom's shares. In the event of any material development which needs to be publically disclosed, our Company will make the necessary announcements according to the Circular VIII, No: 54 of Turkey's Capital Markets Board.
Announcement regarding Turkcell 's Board of Directors' decision on the Ordinary General Assembly. (Detailed information is on page 84)
Announcement regarding Turkcell 's Board of Directors' proposal on dividend distribution. (Detailed information is on page 179)
Some of the media reported today that our shareholder TeliaSonera planned to take legal action against the Chairman of Turkcell, Mr. Colin J. Williams. Since Turkcell has received no information regarding this issue, we cannot share any development at this stage.
As per the announcement on November 30, 2010, Turkcell stated that the Company had prequalified to receive the specifications and tender documents for the third mobile license tender to be held by the Syrian Arab Republic. Following evaluation of the current tender conditions, Turkcell has decided not to bid for the third mobile license tender held by the Syrian Arab Republic.
Today; Capital Markets Board has requested an explanation from our Company, after Sonera Holding BV's announcement to the Istanbul Stock Exchange in regards to the lawsuit initiated against our Company's Chairman of Board; Colin J. Williams. As per our announcement following media reports on March 24, 2011, since Turkcell has received no information regarding this issue, we cannot share any developments at this stage.