Turkcell Feuding Shareholders Fail to Approve 2015 Dividend

Updated on
  • Company's stock reverses gain to sink as much as 1.9 percent
  • Investors fail to agree on plans at annual meeting on Tuesday

Turkey’s biggest mobile phone operator won’t distribute a dividend from its 2015 profit, after the company’s feuding shareholders couldn’t agree on whether to support the plan at the annual meeting in Istanbul.

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