Tunc Holding AG: Tunc Telekomünikasyion bids for a project in the United Arab Emirates
Zürich (euro adhoc) -
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electronics/heavy construction/industry/technology/telecommunication
Tunc Telekomünikasyion A.S., the Turkish subsidiary of Tunc Holding AG, has emitted an offer in the scope of a bid invitation for the DU 2G and 3G project on the 24th of June 2008. The bid invitation was given from Huawei Tech. Investment Co. Ltd. (18th floor, Millenium Tower, Emirates Colleague, Hamdan st. Abu Dhabi) to Tunc Telekokmünikasyion.
The tender comprises different operations, in total 1216, which have to be done during a period of ten month. Among these operations there are swaps, installation and commissioning of GSM stations. Within a period of twelve month another 666 radio networks should be planned and optimized and 517 sites in the United Arab Emirates have to be operated and maintained.
The negotiations between Tunc Telekomunikasyon A.S. and Huawei Tech Investment Co. Ltd. are still continuing. The result of the bidding is expected to be announced at the end of July 2008.
Tunc Holding AG has been founded in November 2007 and provides through its seven subsidiaries engineering and support services in the area of telecommunications systems. Tunc Telekomünikasyon A.S. as operational nerve centre of the group is located in Ankara, Turkey. The Turkish subsidiary operates as highly qualified provider in the GSM sector since 1992. The Tunc Holding subsidiaries are active in twelve countries in Asia Minor, Western and Central Asia as well as in Eastern Europe. The broad range of services includes from site survey and infrastructure to the implementation and maintenance of telecommunications systems. Since 1996, the activities have been continuously expanded to include the area of electricity distribution systems with associated services, renewable energy and internet technology.
The shares of Tunc Holding AG are traded in the Open Market of Deutsche Börse Frankfurt (ISIN: CH0036270582, WKN: A0M92R).
end of announcement euro adhoc
Further inquiry note:
Tunc Holding AG
Bülent Recepoglu
Nordstrasse 89
8037 Zürich
Phone: +41 (0) 44 200 28 30
Fax: +41 (0) 44 200 28 31
Branche: Telekommunikation
Branche: Telecommunications Equipment
ISIN: CH0036270582
WKN: A0M92R
Börsen: Börse Frankfurt / free trade