Global cooperation agreement with Huawei Technologies Co. Ltd.. closed
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Tunç took its place among the near the top of the supplier list of Huawei, in the scope of the "Global Supplier Collaboration Agreement" signed between Huawei Technologies and Tunç Telekomünikasyon 2/12/09. Huawei Technologies is a leading company in providing next generation networks to global telecommunication operators. Company has focused on offering innovative and specialize products, services and solutions for its customers in order to provide long-term value and growth potential(LTE,HSPA/HSPA+, Femtocell, IP RAN, IP BSS, GSM-R,CDMA,Wimax, Voice Evolution Solution, Multi-Media Innovation Solutions, Internet Mobility Solutions, Operational Simplification Solutions, Signaling Optimization Solutions, Radio Network Planning and Optimization Solutions, FTT-x ODN, Broadband Access, Multi-Service AG Solutions, Data Communications, Terminals and so on...). Huawei's products and solutions are being used in over 100 countries and it is providing service for 28 out of world's biggest 50 operators and for over one billion users. (Huawei Technologies, Address : Bantian, Longgang District Shenzen 518129, P.R. China web : www.huawei.com)
Since the year 1992, Tunç Telekomünikasyon has been providing telecommunication infrastructure services for GSM operators. The company, which was established in Turkey with its services in telecommunications, succeeded in taking place in 12 countries by growing rapidly. Taking the task of being Tunç Holding's locomotive, Tunç Telekomünikasyon and its companies established in different countries at different times were gathered under the roof of Tunç Holding on November 2007. On 5th of February 2009, Senior management of Huawei and Tunç Telekomünikasyon came together in Shenzen City in China, and signed "Global Supplier Collaboration Agreement". Ongoing wide collaborations service and technology, projects realized in Turkey, Albania, Kuwait and Iran enabled the realization of this collaboration. According to the Global Supplier Collaboration Agreement; In the regions where partners of Tunç Holding used to provide service in telecommunications, partners shall be called for tender and shall be directly included in the short list. Huawei shall regularly share its regional projections, resource needs and other information related to their projects with partners of Tunç. So, partners will be able to prepare necessary resources before the competing companies and would take place in wider regions. With this collaboration Tunç Holding has got the opportunity to present its existing portfolio in a better fashion and has gained a strategic advantage against its rivals. It is expected that this agreement will take the ongoing Huawei Tunç collaboration to the future on a stronger and growing basis.
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. The Tunc Holding subsidiaries are active in eleven countries in Asia Minor, Western and Central Asia as well as in Eastern Europe. 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 broad range of services includes from site survey and infrastructure to the erection 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