UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
 
Report on Form 6-K dated August 23, 2016
Commission File Number: 001-15092
 


TURKCELL ILETISIM HIZMETLERI A.S.
(Translation of registrant’s name in English)

Aydınevler Mahallesi İnönü Caddesi No:20
Küçükyalı Ofispark
34854 Maltepe
Istanbul, Turkey

(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
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________
 
Enclosure: A press release dated August 23, 2016, announcing the abolishment of the minimum price rule .
 


 
 
 
 
   
    
  
Istanbul, August 23, 2016


Announcement Regarding the Abolishment of Minimum Price Rule

Subject : Statement made pursuant to Communiqué II-15.1 of the Capital Markets Board
 
The Information and Communication Technologies Authority (ICTA) has abolished its minimum price rule* for voice and SMS services as of August 16, 2016.  This rule, applicable only to Turkcell since 2009, has had a negative impact on our competitive strength. With the removal of the respective restrictions applied to our tariffs and campaigns, our Company will be in a position to enrich the offer portfolio that meets our customers’ needs.
 
The underlying reasons behind the lifting of this obligation are stated as developments in the mobile electronic communication market, the increasing significance of mobile internet service, the proliferation of Over The Top (OTT) services enabling communication over the internet, and the declining significance of voice and SMS services as compared to the period when the regulations were put into practice, as well as the decline in the proportion of onnet traffic and in the price difference between onnet and offnet calls.
 
*The rule requiring the average onnet prices of all tariffs and campaigns with respect to our Company’s voice and SMS services to be set over 1.7 times of mobile termination rates applied by our Company to other operators per minute/ number of SMSs (lower limit obligation for onnet unit prices).


For more information:
 
Turkcell Investor Relations

 
investor.relations@turkcell.com.tr
 
Tel: + 90 212 313 1888
 
You can follow us on twitter at http://twitter.com/TurkcellNews or visit our website www.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:  August 23, 2016
By:
  /s/ Nihat Narin
 
  Name: Nihat Narin  
  Title: Investor Relations and Business Development Director  
 
 
 

 
       
 
TURKCELL ILETISIM HIZMETLERI A.S.
 
     
     
Date:  August 23, 2016
By:
  /s/Ilter Terzioglu
 
  Name: Ilter Terzioglu  
  Title: Strategy Executive Vice President  
 
 
 


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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