Turkcell's (NYSE:TKC) (BIST:TCELL) wholly-owned subsidiary life:) announced the appointment of Burak Ersoy as its new CEO. Mr. Ersoy will take the helm at the Ukrainian operator as of October 1 st, 2015.

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life:)'s recently appointed CEO Burak Ersoy assumes office on October 1st, 2015. (Photo: Business Wi ...

life:)'s recently appointed CEO Burak Ersoy assumes office on October 1st, 2015. (Photo: Business Wire)

Burak Ersoy joins life:) from Turkcell Turkey, where he was the Senior Vice-President of Retail and Distribution. Prior to this position, he served as Chief Consumer Sales Officer, Small Business Director, and Consumer Sales Channels Manager at Turkcell. He had joined Turkcell, life:)'s parent company, in 2006.

life :) became the first GSM operator to introduce 3G to Ukraine in May with the support of Turkcell. At the end of June, Turkcell took a further step in demonstrating its commitment to the Ukrainian market as it became the sole owner of life :).

"Our team in Ukraine has demonstrated its enormous potential with the speedy roll out of 3G. Burak Ersoy, who now takes the helm at life :), will elevate the successful efforts of our Ukrainian team to a new level" said Ahmet Akca, Chairman of the Turkcell Board. "Turkcell will continue to support life :) with its technology and know-how as it adds further success stories to its track record under Burak's leadership."

"We have repeated time and again that Ukraine will be a pilot country for Turkcell as it expands its regional footprint and influence. The speed with which life :) started serving its customers in 3G following the launch proves that this expectation is well-founded. ." said Kaan Terzioglu, Turkcell's CEO. "Under Burak's leadership, life :) will step up its work of transforming the Ukrainian communication landscape with 3G+."

life :) serves 14 million customers in Ukraine as of June 30th, 2015. In addiiton to its leadership in introducing 3G with 3-carrier technology in Ukraine, the operator is the market leader in smartphone and 3G-capable device penetration.

Mr. Erdal Yayla, who has been successfully executing the role of acting CEO since January 2014 will continue to be a part of the life:) team as the Chief Financial Officer.

ABOUT TURKCELL: Turkcell is an integrated communication and technology services player in Turkey. Turkcell Group has approximately 67.9 million mobile subscribers in nine countries and over 1.3 million fixed subscribers in Turkey as of June 30, 2015. Turkcell was one of the first among the global operators to have implemented HSPA+. It has announced two new HSPA+ Technologies on its 3G network to meet rising data usage. Having successfully integrated 3C-HSDPA and DC-HSUPA Technologies, it became the first mobile operator in the world to enable peak speed of 63.3 Mbps downlink while also enabled an 11.5 Mbps uplink on a 3G network. Turkcell is the first telecom operator to offer households fiber broadband connection at speeds of up to 1,000 Mbps in Turkey. As of June 2015, Turkcell's population coverage is at 99.85% in 2G and 92.06% in 3G. Turkcell Group reported a TRY3.1 billion (US$1.2 billion) revenue with total assets of TRY20.7 billion (US$7.7billion) as of June 30, 2015. It has been listed on the NYSE and the BIST since July 2000, and is the only NYSE-listed company in Turkey. Read more at www.turkcell.com.tr

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