Why Are Turkcell Shares Trading Higher Today?

In this article:
  • SOCAR Türkiye and Turkcell Iletisim Hizmetleri AS (NYSE: TKC) collaborated for the digital transformation of the Aliağa Peninsula, a leading refiney of Türkiye.

  • SOCAR Türkiye chose Turkcell for deploying a 5G-ready private wireless network at SOCAR's Aliağa Peninsula.

  • Turkcell will provide the future-proofed 5G-ready network for the digital transformation of that area.

  • SOCAR Türkiye offers petrochemical products, refining, and natural gas trade and distribution.

  • SOCAR Türkiye Chief Digital Transformation and Information Officer Hakan Irgıt said: "We have been preparing SOCAR Türkiye and Aliağa for 5G with Turkcell's technology in this project, which we developed in the light of our digital transformation vision and strategic plans."

  • "This project will be a pattern of energy sector's digitalization."

  • Turkcell Chief Corporate Sales Officer Ceyhun Özata stated: "This project will host the most advanced applications of Industry 4.0, bringing efficiency, flexibility, quality, and productivity to high levels."

  • Price Action: TKC shares traded higher by 7.88% at $4.79 in the premarket on the last check Tuesday.

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