Sakıp Sabancı Regrets Not Investing in Turkcell

Sabanci Holding It is undoubtedly one of the most valuable companies in our country. So much so that, with its successful moves, it is one of the major companies that has managed to write its name in golden letters to the Turkish business world.

Even though the right decisions and achievements are always talked about, the achievements of this valuable company wrong decisions And there are also missed opportunities.

The biggest missed opportunity is Turkcell!

It was founded in 1994 by Murat Vargı, Turkey’s first GSM operator. Turkcellknocks on the doors of many business people of our country before starting their commercial activities.

In those years, Murat Vargı, who predicted that mobile phones would be the technology of the future, believed that establishing a telecommunication infrastructure a big need in the market He thinks it will happen.

For this reason, to realize the idea of ​​Turkcell, which will be the first GSM operator in the Turkish market. knocking on the doors of various business people.

He is one of the people whose door he knocked on to invest in Turkcell. Sakip Sabanci is happening.

However, Sakıp Sabancı does not see Turkcell as a profitable investment and rejects Vargı’s offer, unaware of the regret he will experience later!

When Vargı presented this project to Sabancı, GSM technology was Because it is a new and risky field Sabancı does not accept to invest, wanting to be cautious.

Vargı then took the idea of ​​Turkcell to his military friend Hüsnü Özyeğin, but when Özyeğin rejected the offer, he took advantage of the opportunity. Mehmet Emin Karamehmet is happening!

However, over the years, Turkcell achieved tremendous success and became a billion-lira company, and Sabancı’s decision with great regret goes down in history.

So much so that, according to the news of Hürriyet Newspaper, Sakıp Sabancı’s statements on the subject are as follows; “Biz How narrow minded we were, we could not see these aspects. I regret that we could not predict the developments in communication. With luck, we will try to catch the runaway train somewhere. The consortium in which we are a part will enter into new GSM license tenders. Our intention is to pick one up and get on that train.”

Turkcell’s market value today 239.14 billion lira.

In summary, this story of Sabancı is the importance of courage and foresight reminds once again.

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