Alcatel Lucent Teletaş narrows its nine-month loss to TL 43.9 million

Alcatel Lucent Teletaş made a net loss of TL 43.9 million in the first nine months of 2026, against TL 112.6 million a year earlier, the Borsa Istanbul-listed company said in results filed on 27 October.

Revenue fell to TL 3,429.6 million from TL 3,709.9 million, down 7.6 per cent, in the unconsolidated statements on the Public Disclosure Platform. Gross profit more than halved, to TL 200.9 million from TL 451.2 million, so the gross margin fell to 5.9 per cent from 12.2 per cent, on Backhaul's arithmetic. The company swung to an operating loss of TL 133.0 million from an operating profit of TL 15.2 million. A lower tax charge, TL 12.1 million against TL 91.0 million, explains why the net loss still narrowed.

The third quarter alone went the other way. Revenue rose to TL 1,563.4 million from TL 1,398.7 million, up 11.8 per cent, operating profit reached TL 59.5 million against TL 14.8 million, and net profit was TL 93.2 million against TL 17.3 million. Total assets stood at TL 7,022.8 million on 30 September, up from TL 5,610.8 million at the end of 2025.

The filing does not break revenue down by customer or product. Turkish operators are raising money for networks: Türk Telekom signed a $1 billion club loan on 26 October to finance mainly 5G and fibre, which we reported on 31 October, and the country's 5G count passed 45 million, the regulator BTK said on 23 October.

Another listed vendor disclosed enterprise data centre work the same week. Netaş said on 23 October that its wholly owned subsidiary Netaş Bilişim Teknolojileri had signed two contracts worth USD 6,333,000 before VAT with a banking customer, for data centre switches, routers and control and management components and for branch network switches. The notice does not name the bank.