{
  "docId": "019de50f-cbb9-77e9-864c-7455b7237b95",
  "docSlug": "cf5c35c3708e378f1b63bf761b4f2083",
  "documentTitle": "Telia Company | Mergers and Acquisitions Presentation Deck | 8 slides",
  "authorId": "telia-company",
  "authorName": "Telia Company",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2020-06-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 4,
  "pageCount": 8,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "problem_statement",
  "function": "frame_situation",
  "density": "overcrowded",
  "nDataPoints": 3,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-cbb9-77e9-864c-7455b7237b95/4",
  "deckHref": "/decks/019de50f-cbb9-77e9-864c-7455b7237b95",
  "deckJsonHref": "/decks/019de50f-cbb9-77e9-864c-7455b7237b95.json",
  "deckAnchorHref": "/decks/019de50f-cbb9-77e9-864c-7455b7237b95#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.252,
        "x": 0.048,
        "y": 0.297
      },
      "kind": "callout",
      "text": "GRADUALLY REDUCED INTEREST IN TURKEY",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "005b353b-2589-415c-91ff-6e0177f419aa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.252,
        "x": 0.048,
        "y": 0.697
      },
      "kind": "callout",
      "text": "CHALLENGING CORPORATE GOVERNANCE",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0c05e590-3c4a-45fa-a21a-78e05e8df9e1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.252,
        "x": 0.048,
        "y": 0.497
      },
      "kind": "callout",
      "text": "TURKCELL HOLDING STRUCTURE",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5868fda9-3f01-4fe4-bc67-813657f8d57d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.633,
        "x": 0.273,
        "y": 0.497
      },
      "kind": "list",
      "text": "Turkcell Holding is a privately held holding company owned by Cukurova, LetterOne (jointly 52.9%) and Telia Company (47.1%). Telia Company's stake is illiquid as Turkcell Holding is not a publicly traded company. Turkcell Holding has no other business besides owning Turkcell shares.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "016792b8-b709-4be1-9618-99547489d2f8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.633,
        "x": 0.273,
        "y": 0.297
      },
      "kind": "list",
      "text": "Telia Company has had no direct ownership interest in Turkcell since September 2017 when it completed the 14% direct stake divesture, when we also made it clear we were not long term owners. Turkcell and Telia Company jointly owned the holding company Fintur, which was dissolved in 2019. Telia Company has had one seat out of seven at the Turkcell board, with limited influence. By divesting the 47.1% interest in Turkcell Holding Telia Company completes its exit from Turkey.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7aea9e2e-9817-412b-a9f3-77355f96797a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.633,
        "x": 0.273,
        "y": 0.697
      },
      "kind": "list",
      "text": "The governance of Turkcell Holding has been challenging among its three owners. Challenges have mainly related to: How to vote at Turkcell AGMs including dividend; Potential decision to sell assets and decide on Turkcell Holding dividends; If and how to wind up the company. Turkcell Holding owners have had a shareholders agreement and the right of first refusal, meaning that shares cannot be sold without acceptance from the other owners.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fc9c16fc-d755-4ee1-b861-9709c0117409",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.55,
        "x": 0.045,
        "y": 0.07
      },
      "kind": "title",
      "text": "BACKGROUND AND RATIONALE",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e44c53a8-4e82-4c4e-9655-1a6526ad6a4c",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Problem Statement Canvas",
      "slug": "problem-statement-canvas",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "f3e40dca-ec4c-4155-b039-60737100fdc8",
      "evidence": "BACKGROUND AND RATIONALE with list/bullet points",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 4,
      "from": 4,
      "beatId": "42aa7c9a-a108-425a-a2f8-7183d309d6f3",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Problem",
      "beatSlug": "problem-agitate-solution-problem-identify-pain",
      "evidence": "Background and Rationale",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 5,
      "from": 4,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "5b66fe95-68c2-4ded-9735-fd7331ed542b",
      "evidence": "Background and Rationale, Financial Impact",
      "position": 0,
      "objective": "Highlight risks of not divesting",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    },
    {
      "to": 6,
      "from": 2,
      "name": "Before After",
      "slug": "21-before-after",
      "bestFor": "Product demos, process improvements, ROI justification",
      "matchId": "c7ebd39c-17b6-4152-9efc-35bc332927df",
      "evidence": "Ending Turkey Exposure, Financial Impact",
      "position": 1,
      "objective": "Show benefits of divestment",
      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
      "confidence": 0.6,
      "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}