Turkcell Announces Strategic Partnership with Google Cloud, with Plans to Establish a Google Cloud Region in Türkiye.
MWN-AI** Summary
Turkcell (NYSE: TKC) (BIST: TCELL), Türkiye’s premier telecommunications provider, has embarked on a significant strategic partnership with Google Cloud aimed at establishing a new cloud region in Türkiye. This collaboration is set to be a game-changer for the digital landscape, backed by a multi-year investment that promises to enhance Turkcell’s data center capabilities and accelerate digital transformation for enterprises across Türkiye and neighboring regions.
The newly announced Google Cloud region will provide organizations with high-performance, low-latency services, facilitating advancements in data analytics, cybersecurity, and digital business solutions. This infrastructure is expected to empower local companies to innovate, scale, and operate more efficiently, thereby solidifying Türkiye’s role as a regional digital hub.
Cevdet Y?lmaz, Vice President of the Republic of Türkiye, highlighted that this partnership is a testament to the confidence global technology leaders have in Türkiye's economic resilience and innovation capacity. The integration of sophisticated data infrastructure and next-generation cloud technologies aligns with the nation’s vision of digital sovereignty, ultimately fostering innovation across public and private sectors.
Dr. Ali Taha Koç, CEO of Turkcell, emphasized that this initiative is pivotal for Türkiye’s digital future, aligning national objectives with Google Cloud’s global expertise. The company is set to invest approximately $1 billion in building out its data centers and cloud technologies, providing seamless access to Google Cloud’s capabilities for its customers.
According to IDC projections, Türkiye's public cloud services market is poised for explosive growth, expected to surge from $1.7 billion in 2024 to $4.2 billion by 2029, which underscores the potential impact of establishing a hyperscaler region in the country. This landmark collaboration not only promises to accelerate market expansion but also stimulates the local digital ecosystem, opening new avenues for technology providers, startups, and businesses to innovate and thrive.
MWN-AI** Analysis
Turkcell's recent strategic partnership with Google Cloud signifies a pivotal moment for both the Turkish telecommunications sector and the broader digital economy in Türkiye. This collaboration, which includes a substantial investment of $1 billion for the establishment of a Google Cloud region, is expected to enhance Turkcell's data center capabilities and solidify its leadership in cloud services.
Investors looking closely at Turkcell (NYSE: TKC, BIST: TCELL) should consider the implications of this partnership on the company’s growth trajectory. With the Turkish public cloud services market projected to expand from $1.7 billion in 2024 to $4.2 billion by 2029 (a CAGR of 20%), Turkcell is strategically positioned to capture significant market share. The establishment of a hyperscaler cloud region is anticipated to catalyze this growth, fostering innovation and attracting local enterprises to adopt cloud solutions.
Moreover, Turkcell’s role as a reseller of Google Cloud services provides additional revenue streams and enhances customer engagement through cutting-edge solutions in data analytics, cybersecurity, and AI-driven innovations. This could lead to a competitive advantage not just in Türkiye, but across the region, as enterprises increasingly seek efficient and scalable cloud solutions.
Given these developments, investors could view Turkcell as a strong buy amidst the anticipated digital transformation wave. The government's support, as indicated by Vice President Cevdet Y?lmaz, further underscores the partnership's strategic importance in bolstering Türkiye’s digital sovereignty and positioning it as a technology hub.
In summary, Turkcell's alliance with Google Cloud represents not just a step forward for the company, but a broader leap towards shaping the future of digital infrastructure in Türkiye. Investors should monitor Turkcell's initiatives closely, as this partnership holds the potential to drive substantial growth and shareholder value in the coming years.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
The landmark partnership marks a significant multi-year investment to accelerate digital transformation in Türkiye and cloud innovation across the region
Turkcell (NYSE: TKC) (BIST: TCELL), Türkiye’s leading technology and telecommunications provider, today announced a major strategic partnership with Google Cloud. Google Cloud plans to launch a new cloud region in Türkiye, establishing world-class digital infrastructure in the country with Turkcell. This milestone partnership paves the way for a multi-year investment strengthening Turkcell’s data center and cloud business - accelerating digital transformation of corporates in Türkiye and across the region, while unlocking new opportunities for AI-driven innovation.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251111239976/en/
Turkcell CEO Dr. Ali Taha Koç and Google Cloud CEO Thomas Kurian
The new cloud region will deliver Google Cloud’s high-performance, low-latency services, bringing advanced capabilities across data analytics, cybersecurity, and digital business solutions closer to local organizations. This will empower organizations to innovate, scale and operate more efficiently and strengthen Türkiye’s digital ecosystem.
In addition to collaborating on delivering the cloud region, Turkcell will also leverage Google Cloud’s technologies to enhance its own operations. Furthermore, Turkcell will also act as a trusted partner to resell Google Cloud solutions to enterprises across Türkiye. Through this partnership, Turkcell underscores its commitment to Türkiye’s digital transformation and solidifies its leadership in establishing the nation as a regional hub for digital innovation.
Cevdet Y?lmaz, Vice President of the Republic of Türkiye, stated: "The partnership between Google Cloud and Turkcell will further accelerate Türkiye’s digital transformation journey. It reflects the confidence of global technology leaders in the strength, resilience, and innovation capacity of our economy. By integrating advanced data infrastructure and next-generation cloud technologies into our digital ecosystem, this alliance will enhance efficiency and foster innovation across public and private sectors. Furthermore, it supports our long-term vision of strengthening digital sovereignty and positioning Türkiye as a regional hub for technology, connectivity, and sustainable growth."
Dr. Ali Taha Koç, CEO, Turkcell , said: "Our partnership with Google Cloud clearly reinforces Turkcell’s leadership in driving Türkiye’s digital transformation. This strategic partnership is more than a technology investment — it is a milestone for Türkiye’s digital future, aligning our national vision with Google Cloud’s global technologies and unlocking opportunities for AI innovations. This collaboration gives our customers seamless access to Google Cloud’s cutting-edge capabilities. This new Google Cloud region will enable enterprises to innovate faster and compete globally. As part of this partnership Turkcell plans to invest $1 billion in data centers and cloud technologies. "
Thomas Kurian, CEO, Google Cloud , said: "This partnership signifies a strategic investment in the future of the Turkish economy, and is designed to meet the increasing demand for cloud and AI services in the country and across the region. This collaboration will serve as a catalyst for digital transformation, empowering the country to harness advanced technology to build and grow the next generation of businesses."
According to the latest projections by global research company IDC, Türkiye’s public cloud services market is on the brink of a major expansion—projected to grow from $1.7 billion in 2024 to $4.2 billion by 2029, marking a strong 20% Compound Annual Growth Rate (CAGR). The establishment of a hyperscaler region in Türkiye is expected to act as a powerful catalyst for the upcoming period, unlocking significant growth and advancing Türkiye’s position in the global digital economy. Beyond driving market expansion, it also aims to accelerate the development of the local digital ecosystem—fostering new opportunities for technology providers, start-ups, and enterprises to scale and innovate.
About Turkcell
Turkcell, headquartered in Türkiye, is a leading technology and telecommunications company offering a diverse portfolio of voice, data, and IPTV services across its mobile and fixed networks, alongside digital consumer, enterprise, and techfin solutions. The Turkcell Group operates in three countries: Türkiye, Belarus, and Northern Cyprus. In Q325, Turkcell Group reported revenue of TRY59.5 billion, with total assets of TRY491.4 billion as of September 30, 2025. Listed on both the NYSE and BIST since July 2000, Turkcell remains the only dual-listed company on these exchanges. Read more at www.turkcell.com.tr .
View source version on businesswire.com: https://www.businesswire.com/news/home/20251111239976/en/
Burak Mergen
Email: [email protected]
Phone: +905322106020
FAQ**
How does the strategic partnership between Turkcell Iletisim Hizmetleri AS TKC and Google Cloud specifically aim to enhance the digital infrastructure in Türkiye?
In what ways does Turkcell Iletisim Hizmetleri AS TKC plan to leverage Google Cloud's technologies to improve its operational efficiencies?
What impact is the establishment of a new cloud region expected to have on the projected growth of Türkiye's public cloud services market, as highlighted in IDC's research?
How does this partnership align with Türkiye’s vision of becoming a regional hub for technology and digital sovereignty, as stated by Vice President Cevdet Y?lmaz?
**MWN-AI FAQ is based on asking OpenAI questions about Turkcell Iletisim Hizmetleri AS (NYSE: TKC).
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