Turkey is Included in the World Fiber League for the First Time With Superonline
ISTANBUL, March 9, 2011 /PRNewswire-FirstCall/ -- Turkcell (NYSE:TKC, ISE: TCELL), the leading communications and technology company in Turkey is delighted to announce its 100% owned subsidiary and Turkey's leading internet service provider Superonline's fast entrance to the "fiber-to-the-home" league. Superonline was a key contributor in helping place Turkey 8th on the list of fiber internet penetration among G20 countries, according to the International Fiber-to-the-Home (FTTH) Council's latest report.
The International FTTH (Fiber-to-the-Home) Council, one of the world's most reputable non-profit corporations, in its 2011 report, ranked Turkey 8th among G20 countries in terms of penetration. The report states, "Superonline, Turkey's leading mobile operator and Turkcell's fully owned subsidiary, enabled Turkey to be ranked the 8th among G20 countries in global listing."
Superonline's General Manager Murat Erkan: "Committed to enhance Turkey"
Superonline's General Manager Murat Erkan stated, "The Company is proud to contribute to Turkey's inclusion in this list for the first time, where only eight of the G20 countries were represented. Turkey's innovative telecom operator Superonline built up its own IP backbone and reached 73 cities and spans more than 22.500km. Superonline offers 100 Mbps fiber internet speed to residents in eight major cities in Turkey, ending the copper era and starting up the fiber era."
Superonline recorded a solid financial performance in 2010. It increased its revenues by 33% to TRY335 million.. In 2010, Superonline also pursued opportunities to expand its reach across borders, through the RCN Project, which formed the region's longest terrestrial fiber infrastructure to connect the Middle East to the world via Turkey.
ABOUT FTTH COUNCIL:
FTTH Council was established at 2001 initially as an organization accepting the membership of only telecommunication and technology companies. Currently, it is a nonprofit corporation, which incorporates different organizations from municipalities to service suppliers. International FTTH Council's mission is to create awareness of "fiber to the home" concept and this concept's contribution to life quality.
For Information: http://www.ftthcouncil.org.
ABOUT SUPERONLINE
Turkey's innovative telecom operator Superonline is a fully owned Turkcell Group company. Superonline invests to new generation fiber optic infrastructures continuously to create its own infrastructure. Superonline is the first and only telecom operator which provides 100 Mbps internet to the residentials. Superonline provides service to individual and corporate customers, in the fields of internet access, new generation telephone services, corporate total telecom solutions, wholesale voice and data services, datacenter services and, any other value added telecommunication services. Read more at http://www.superonline.net.
ABOUT TURKCELL
Turkcell is the leading communications and technology company in Turkey with 33.5 million subscribers and a market share of approximately 54% as of 2010 (Source: Operator's announcements). Turkcell is a leading regional player, with market leadership in five of the nine countries in which it operates with its approximately 60.4 million subscribers as of 2010. Turkcell reported TRY9.0 billion ($6.0 billion) net revenue and its total assets reached TRY15.1 billion ($9.8 billion) as of 2010. Turkcell covers 82% of the Turkish population through its 3G and covers 99.07% of the Turkish population through its 2G technology supported network. Turkcell has become one of the first operators among the global operators to have implemented HSDPA+ and to reach to 42.2 Mbps speed with HSPA multi carrier solution. Turkcell has been listed on the NYSE and the ISE since July 2000 and is the only NYSE-listed company in Turkey. 51.00% of Turkcell's share capital is held by Turkcell Holding, 0.05% by Çukurova Holding, 13.07% by Sonera Holding and 1.19% by others while the remaining 34.69% is free float. Read more at http://www.turkcell.com.tr.
For further information please contact Turkcell Nihat Narin, Investor and International Media Relations Tel: +90-212-313-1244 Email: [email protected] [email protected] http://www.turkcell.com.tr
SOURCE Turkcell
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