Turkcell Says 10% of Mobile Infrastructure in Ukraine Disabled | World News
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While Russia has failed to capture a single major Ukrainian city a month after it launched its invasion, which Moscow calls a “special military operation”, the fighting has left cities in ruins and destroyed critical infrastructure.
Turkcell, which operates under the name “lifecell” in Ukraine, said in a stock exchange statement on Wednesday that around 10% of its 9,000 base stations in Ukraine were disabled, adding there had been no casualties among its employees.
The company said it had provided the necessary equipment to maintain operations and established backup data centres in Lviv in western Ukraine and some neighbouring nations, adding 45% of its retail stores in the country remained open.
Turkcell’s operations in Ukraine comprised 7.8% of its 35.9 billion lira ($2.42 billion) revenue in 2021. They made up about 10% of its profits before interest, depreciation and tax.
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NATO member Turkey shares a maritime border with Ukraine and Russia in the Black Sea and has good ties with both. While being critical of Russia’s invasion and supporting Ukraine, Ankara has also launched mediation efforts and called for a ceasefire.
(Reporting by Can Sezer; Writing by Tuvan Gumrukcu; Editing by Daren Butler and Sherry Jacob-Phillips)
Copyright 2022 Thomson Reuters.
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