|
|
Company Overview
European Telecommunication Holding ETH AG, founded in April 1998 following the deregulation of the German telecommunications sector and headquartered in Frankfurt (Germany), is an established and leading international provider of products and services in the telecommunications business. Being market leader in the German ethnic telecommunications market and a leading alternative telecom operator in Turkey, ETH offers telecommunications products and services via its three operating subsidiaries Millenicom GmbH, Alovatan GmbH and Millenicom A.Ţ.
ETH became a pioneer and first mover into the ethnic telecommunications market in Germany and enjoys a strong reputation as the best-known provider of telecommunications services. The Company is market leader in the German Call Shop (with more than 1,000 call shops, which also serve as important distribution channels for their GSM products), MVNO, Call-by-Call and Calling Card businesses. In addition, ETH also offers via its subsidiary Millenicom, quality carrier-services to the leading telecommunications companies mostly to Turkish destinations as the Company has direct links to Turkish Telekom and all Turkish GSM operators, ensuring cost effective quality services.
Having gained in-depth experience during the deregulation phases of the German telecommunications market, ETH has already started to transfer this valuable know-how to the deregulating Turkish telecom market very successfully by offering high quality and innovative telecommunications products to corporate and private customers via its subsidiary Millenicom Turkey. The Company has become the leading alternative telecom operator within a short time. As the leader in the market, Millenicom Turkey launched its 1045
service as a new call-by-call product in Turkey in September 2007 and has already reached
2 million individual users.
Furthermore, Millenicom Turkey is providing pre-selection telecommunications services to more than
30.000 corporate customers and expanding at a high rate within new customers.
Millenicom Turkey has also launched Broadband (ADSL and VOIP) services having invested in LLU (local loop unbundling) infrastructure, which ensures a competitive cost structure for the Company. The Group has developed an ethnic GSM- Product, “Mobi”, which has reached more than 80,000 active users since it was launched in October 2006. The Group is positioning itself as a leading fixed-line and broadband operator by using the Company’s extensive market and technology know-how gained during the deregulation phase of the German telecommunications market.
|
