"Production depends upon people, not only in the actual process, but because of the final demand that justifies its existence. The more and more consumers, the more and more need for things to be produced. I will go so far as to say that not only growth but capitalism itself may be in part dependent on a growing population."
Bill Gross, PIMCO, August Investment Newsletter
Turkcell is a company that has great prospects from being the #1 wireless provider in Turkey. Turkey has a median age of 27.2 and 25% of the population is under the age of 14. This means that there are huge demographic forces that will increase overall demand for wireless services in the Turkish domestic market.
Add a great balance sheet, significant growth prospects in Eastern Europe, and solid customer satisfaction ratings, and Turkcell is a great long term holding.
Long TKC at $15.