Türk Telekom Group partnership

Telefónica Germany and Türk Telekom Group sign strategic partnership: Offers start in Summer 2011

MUNICH. Telefónica Germany and Türk Telekom Group announced a strategic partnership to market communication services leveraging both companies' fixed and mobile services, content, applications, distribution and brands. Customers will benefit from the strength of Turkey's leading communication and convergence technologies group Türk Telekom, its mobile branch Avea and from the modern O2 network which ranks among the best in Europe.
Combining extensive technologies and infrastructure of Türk Telekom Group and Telefónica Germany, a wide range of services will be available to customers beginning this summer, regardless of whether they are located in Germany or Turkey. "By cooperating with Türk Telekom and Avea, we are able to offer the millions of Turks in Germany and in their home country propositions exactly tailored to their needs. The offer is also attractive to German customers, business or consumers, who have affinity with Turkey. The offer will be marketed by a combined Turkish and German team and will be available in all channels", says René Schuster, CEO of Telefónica Germany. Türk Telekom Group CEO Hakam Kanafani states that "partnerships like this are based on trust and consistency, and both companies have these elements in abundance in their cultures." "As Turkey's leading communication and convergence technologies group, we are happy to extend our services to Turks in Germany via a successful partnership with Telefónica Germany. This is a perfect opportunity to remove the borders between the two countries in terms of telecommunication services and provide the customers value added offers." added K. Gökhan Bozkurt, CEO of Türk Telekom.
Telefónica Germany GmbH & Co. OHG and its brands O2 and Alice belong to Telefónica Europe and are part of the Spanish telecommunication group Telefónica S.A. The Company offers its German private and business customers postpaid and prepaid mobile telecom products as well as innovative mobile data services based on the GPRS and UMTS technologies. In addition, the integrated communications provider also offers DSL fixed network telephony and high-speed internet. According to a network test by "connect" magazine (edition 12/10), the O2 network is top of the list when it comes to reliable file downloads and champion in the telephony category. In the overall result the company is on second position. Telefónica Europe has more than 56 million mobile and fixed network customers in Great Britain, Ireland, the Czech Republic, Slovakia and Germany. About Türk Telekom Group Türk Telekom Group, the leading communication and convergence technology group in Turkey, provides integrated telecommunication services from PSTN and GSM to broadband internet. As of December 31, 2010; Türk Telekom group companies have 16 mn Fixed Access Lines, 6.7 mn ADSL Connections and 11.6 mn Mobile Subscribers. Group companies have a modern network infrastructure covering the whole country and offer a wide variety of services to residential and commercial customers all over Turkey. Apart from 81,4 % shares in Avea, one of the three GSM operators in Turkey, Türk Telekom owns 100% of wholesale data and capacity service provider company Pantel International AG and its subsidiaries, 99.9% of broadband provider TTNET, convergence technologies company Argela, IT solutions provider Innova, online education company Sebit A.Ş. online gaming company Sobee and call center company AssisTT. Türk Telekom also has an indirect minority share in Albtelecom, the Albanian incumbent telecom operator. 55% of Türk Telekom shares belongs to Ojer Telekomünikasyon A.Ş. and 30% belongs to Turkish Treasury. The remaining 15% is publicly traded. Türk Telekom shares are listed in Istanbul Stock Exchange since May 2008.