In the absence of the fully - functioning board, this case targets around the shareholder dispute between three major shareholders of Turkcell and the way its management strived against increasing regulatory intervention and market competition. The company could not sustain annual shareholder meetings, renew its board of directors, or pay dividends, and lacked a budget approved by the board, which led to several years the battle for control over the Turkish telecom giant. However, it was the only telecom player with positive EBITDA in the market and remained consistent regarding its leading market share. What were the Turkecell’s broad ambitions to the implications of this dispute? How would company’s financial performance, talent and management affected by this continuing battle?
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