OTEGLOBE more than doubles the capacity provided to Turk Telekom for its international connectivity
Athens 13/04/2011 – Turk Telekom, the Turkish incumbent, more than doubled the capacity provided by OTEGLOBE, the international wholesale arm of OTE Group (the Greek incumbent), for satisfying its increasing needs for connectivity to the International Internet Exchanges
More specifically from around 100Gbps that OTEGLOBE provided to Turk Telekom, the capacity is upgraded to 250Gbps through its international fiber optic private networks TBN & GWEN, which interconnect Greece with Europe through the Balkans and Italy accordingly.
With this upgrade OTEGLOBE continues to cover 1/3 of the Turkish incumbent’s capacity needs, for international telecommunication traffic coming from the Turkish market and the neighboring countries.
The new commercial Agreement between the two companies, is a result of M. East’s and Eurasia’s increasing demand for international capacities, and the provisioning of qualitative an high availability services by OTEGLOBE during its long-term and close cooperation with Turk Telekom.
«It is very important when a new customer chooses to work with you, but it is even more significant when you are chosen again by an existing partner. We thank you for this,” states Mr. Dino Andreou, OTEGLOBE’s CEO. «This agreement comes to reward our devotion to the provisioning of qualitative services, and also gives us a clear message to reinforce our efforts towards implementing our strategy for becoming an important regional hub in the Mediterranean»
“We receive the results of investments we make in our technology infrastructure and products, in order to offer more value-added products and services, not only in Turkey, but also in the international arena. Having a reliable and robust network all over Turkey, Turk Telekom is becoming a hub between Europe and Asia for telecommunication services. Together with Pantel’s (Invitel International) network in Europe and thanks to the quality and reliability of OTEGLOBE’s services, additional value will be added to Turk Telekom’s connectivity towards Western Europe.” states Mr. K. Gokhan Bozkurt, CEO of Turk Telekom.
ABOUT OTEGLOBE:
Headquartered in Athens Greece, OTEGLOBE is the international wholesale arm of OTE, the Greek incumbent and the strongest telecommunications Group in SE Europe. The company has grown to a regional hub delivering a complete portfolio of transport, voice, corporate and mobile services to int’l carriers, fixed & mobile operators, and multi-site organizations. OTEGLOBE is the only carrier, in the broader Balkans region, which reaches Western Europe through Greece with two fully owned geographically diverse dual-path, multi-wavelength networks, the GWEN and the TBN. It also operates an extensive international voice network, a European IP/MPLS network (MSP) with presence in the main telecom hubs in Europe, while it participates in many cable consortia. Overall, a significant share of the Greek and South East European broadband volume and international voice traffic, are routed through OTEGLOBE’s Networks. By capitalizing both on its geographic position and extensive and diverse network footprint, along with its strong corporate presence in SE European region, OTEGLOBE is becoming a diverse, reliable gateway which connects Middle East & North Africa with Europe through Greece.
ABOUT TURK TELEKOM
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.
