...+ We have observed some progress toward the resolution of the long-lasting conflict between Turkcell's shareholders. + We believe that resolution could ultimately improve Turkcell's corporate governance, which we currently assess as weak. + We are therefore revising our outlook on Turkcell to positive from stable and affirming our '##+' long-term rating. + The positive outlook reflects our view that we could raise the rating on Turkcell to '###-' if we saw improvement in Turkcell's corporate governance and if considered that the company appropriately manages its capital structure after it resumes regular dividend payments. MOSCOW (Standard & Poor's) Nov. 4, 2014--Standard & Poor's Ratings Services today revised its outlook on Turkey's largest mobile telecommunications operator Turkcell Iletisim Hizmetleri A. S. (Turkcell) to positive from stable. At the same time, we affirmed our '##+' long-term corporate credit rating on the company. The rating action reflects the likelihood that we may...
