In January 2018 a flat 7.5% special communications tax (SCT) on mobile, fixed-line and data usage replaced the previous rates of 25%, 15% and 5% for each service respectively. It is hoped that this will help to boost subscription growth. Turkey is on its way to becoming a cashless economy by 2023, with digital services being buoyed by the country's growing population of under 30s.
Mobile subscriptions in Turkey are nonetheless growing strongly, and are set to rise at an annual average rate of 3.1% in the forecast period (2018-22). Growth of fixed lines will be flat, declining by the end of the forecast period. Internet user penetration will expand at an average of 3.6% annually.
Industry List: Fixed, Telecommunications, Internet, Telecommunications, Mobile, Telecommunications, Telecommunications
Industry Codes (NAIC): 517
Industry Codes (SIC): 48