STOCKHOLM (Standard&Poor's) March 2, 2016--Standard&Poor's Ratings Services said today that its 'BBB-' corporate credit rating and stable outlook on Turkey-based integrated communication and technology services company Turkcell Iletisim Hizmetleri A.S. (Turkcell) remain unchanged following the company's announcement that it had submitted a binding offer to acquire remaining shares in The Netherlands-based Fintur Holdings B.V. and a stake in Kazahkstan-based Kcell JSC. Turkcell proposes to acquire Telia Sonera Holding B.V.'s (TeliaSonera's) 58.55% shareholding in Fintur and TeliaSonera's 24% stake in Kcell JSC. Turkcell currently owns 41.45% in Fintur. The timing and financing details of the potential transaction are uncertain. However, we understand that Turkcell is committed to maintaining a financial policy that targets net debt to EBITDA
