www.WirelessFederation.com/news: A net profit of around TRY 250 million has been expected by telco Turkcell as a result of extraordinary charges for impairments, write-offs and legal reserves in Q4.

Legal reserves related to the Telecommunications Authority, fixed asset write-offs related to operations in Belarus and Turkey, goodwill impairment charges in Belarus and Tax Authority and Competition Board’s recent decisions in Turkey have been recognized in line with IFRS guidelines.

As an impact of the one-time charges and reimbursements based on the regulator’s decisions, revenue of TRY 2.260 billion is expected by the operator in its fourth quarter.  EBITDA is expected to be approximately TRY 680 million in Q4.