Turkey Telecom Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Turkey telecom market is expected to grow at a CAGR above 4.43% over the next five years. Based on the telecom regulator's efforts to construct a 5G network, there has been a steady growth in mobile subscriptions and an increase in mobile data subscriptions. Turkey is one of the few nations that can design and create its own communications satellites, and it is expanding its capabilities within the telecom sector.
Key HighlightsThe Turkey telecom market is moderately fragmented in nature. Some major players in the market studied include Turk Telekom, Turkcell, Vodafone Turkey, and TurkNet. The market also hosts other Internet service providers (ISPs), MVNOs, and fixed-line service providers. Some of Turkey’s telecommunication companies are competitive internationally and hold strong ground in the global telecom space.
In September 2022, Türk Telekom announced the network synchronization solution for 5G. In its 5G network, Türk Telekom utilizes specialized GPS/GNSS-independent technology for time and frequency synchronization. It is anticipated that the approach would lower synchronization investment costs greatly and improve 5G service continuity.
In March 2022, Turkcell unveiled that it’s working with Comba Network, a subsidiary of Comba Telecom, to begin open RAN trials. This is an initiative to help Turkcell groups RAN architectural transition beginning with the first experiment in Turkey.
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