Operator: [Operator Instructions] The next question is from the line of [Indiscernible] with Ata Invest.
Unidentified Analyst: My question is, again, about strategic focus area. As we see in your financials, around 15% of your revenue is coming from cost focused strategy area along digital, digital business and techfin business. Do you have any targets on that side, because over the last several years, we see that around 50% of the consolidated revenues. Should we expect some jump in the future, maybe over the next three, four years? Do you have any just numerical targets on that?
Kamil Kalyon: As you know, our strategy or our focus areas are growing. We are the leader in the telecommunication sector but we have determined some growth areas for our group, especially this DSS side and the finance side — techfin side, fintech side is significant instruments of this growth area. Therefore, especially in the Paycell side, we continue our growth more than 100% growth rate, as you can see in our financials regarding the techfin side. Most probably, we will be continuing this performance until next year. We also have targeted our digital services, especially we are trying to increase our direct sales from the DSS side to the more efficient and the more, how can I say, extended subscriber base and we will continue to perform this performance in 2024.
Operator: [Operator Instructions] The next question is from the line of Demirak Kayahan with AK Investment.
Kayahan Demirak: I mean, as a follow-up on the strategic priorities since the new management in place. Our tech monetization was — I mean, you can put a topic for the Turkcell over the next — past few years, but there has been little progress on that front. The things I used to remember, the company was looking for a strategic partnership in the fintech business on potential IP in this power business and the fixed broadband business. And the IPO process has been started, I think, like previous years, but there hasn’t been any progress on that front very well. So what do you think about the asset monetization for last year? And also maybe I might add disposal of the selling the international businesses, also was a part of the agenda, I mean what’s your reason or issues?
Ali Taha Koc: We are continuously evaluating our portfolio and we are open to strategic actions that has the potential to create value for our shareholders. Frankly speaking, our international operations can be the closest candidates for a potential divestment. While these operations contribute to our top line, they are not among our strategic priorities. If we see interest with good valuation, we might evaluate our options always. As you know, [indiscernible] is a multibillion dollar world asset. We currently do not think that the current market conditions are supportive for such a sizable IPO. Last December, our Board decided to start preparation to take global power to public as there was a Board resolution. It had to be announced.
The Board resolution said the company will be listed when relevant conditions are favorable. As IPO preparation take time between six to nine months, we decided to have the Board approve it in advance and we’re ready for a potential IPO in the following quarters.
Operator: Ladies and gentlemen, there are no further questions at this time. I will now turn the conference over to Turkcell management for any closing comments. Thank you.
Kamil Kalyon: Thank you very much for joining this call. We hope to see you in next quarter. Thank you very much for sparing your valuable time.
Operator: Ladies and gentlemen, the conference has now concluded, and you may disconnect your telephone. Thank you for calling and have a pleasant evening.
