FORM 6-K

TURKCELL ILETISIM HIZMETLERI A.S.

Date: July 1, 2009

/s/ Nihat Narin

Name: Nihat Narin
Title: Investor & Int. Media Relations - Division Head

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of July 2009

Commission File Number 001-15092

TURKCELL ILETISIM HIZMETLERI A.S.

(Translation of registrant’s name into English)

Turkcell Plaza
Mesrutiyet Caddesi No. 153
34430 Tepebasi
Istanbul, Turkey

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F

Form 20-F: ý Form 40-F: o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

EXHIBIT INDEX

99.1

Press Release dated July 1, 2009 (“ANNOUNCEMENT REGARDING FINANCING AGREEMENT FOR 2G/3G INFRASTURUCTURE INVESTMENTS”)

EXHIBIT 99.1

ANNOUNCEMENT REGARDING FINANCING AGREEMENT FOR 2G/3G INFRASTURUCTURE INVESTMENTS

Subject: Statement made pursuant to Circular VIII, No: 54 of the Capital Markets Board.

Istanbul Stock Exchange

We had announced on our Board of Directors meeting dated February 27, 2009 that our Board of Directors had decided to assure export financing up to US$750 million to be used for the 2G and 3G network related expenditures of Turkcell Group Companies. Accordingly, an agreement has been signed in order to provide export financing for the goods and services, which will be purchased from Ericsson AB and Ericsson Telekomünikasyon A.S. in the amount of approximately US$285 million.

The financing will be made through Calyon Credit Agricole Bank and Nordea Bank with partial or total guarantee of Swedish Export Credits Guarantee Board and assured from The Swedish Export Credit Corporation. The financing will be unsecured with a cost of approximately 4% - 4.25%, maturity of 5 years, and semiannual payments.

We hereby confirm that the above-mentioned explanations are furnished as per the provisions of the Communiqué Serial no VIII/54, that they reflect all information we have gathered so far, that they are in accordance with our corporate documents, that we have used all endeavors to collect the complete and true related information and that we assume the responsibility for this disclosure.

For further information please e-mail to investor.relations@turkcell.com.tr

Pursuant to the requirements of the Securities Exchange Act of 1934, Turkcell Iletisim Hizmetleri A.S. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.