TUNC Holding AG

Tunc Holding AG: Contract between Bronz Telecom and Ericsson in Georgia with an estimated value of US $ 2.5 m

@@start.t1@@--------------------------------------------------------------------------------   ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for   the content of this announcement. --------------------------------------------------------------------------------@@end@@

electronics/finances/industry/shares/stock market/technology/telecommunication

Zürich (euro adhoc) - Bronz Telecom - the Georgian subsidiary of Tunc Holding AG - has signed a contract with Ericsson LLc (74. Chavchavadze avenue, floor 10, 0162. Tiflis, Georgia www.ericsson.com/ru). This contract is carried out within the scope of the first phase of GSM network development of Geocell in Georgia.

The contract with an estimated volume of US $ 2.5 m contains planning and implementation of 100 turnkey radio installations as well as associated revisions like network implementation, civil work for base transceiver system sites, infrastructure services, telecom implementation and commissioning services. Initially the duration of the contract will be twelve months. It is expected that further contracts will be signed on a yearly basis for the following project phases as well as a contract for maintenance-failure services after the project has been completed.

Tunc Holding AG was founded in November 2007 and provides engineering and support services in the area of telecommunications systems through its seven subsidiaries. The Tunc Holding subsidiaries are active in twelve 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 services include a broad range 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).

@@start.t2@@end of announcement                                                 euro adhoc

ots Originaltext: TUNC Holding AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Tunc Holding AG
T. Fikret Baran
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

Weitere Meldungen: TUNC Holding AG

Das könnte Sie auch interessieren: