Türk Telekom (mobile operator division)
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TT Mobil İletişim Hizmetleri A.Ş,[1] (previously Avea İletişim Hizmetleri A.Ş.), currently operating under the Türk Telekom brand, is the sole GSM 1800 mobile operator of Turkey, was founded in 2004, and has reached a nationwide customer base of 17 million as of September 30, 2015.[2]
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Industry | Mobile telecommunications |
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Predecessor |
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Founded | February 4, 2004 |
Headquarters | Istanbul, Turkey |
Products | Mobile phone services, mobile phone related goods |
Parent | Türk Telekom (%100) |
Website | turktelekom.com.tr / avea.com.tr |
Footnotes / references Name: The name AVEA comes from "Aycell VE Aria" meaning "Aycell and Aria". |
TT&TİM İletişim Hizmetleri A.Ş. was officially established on February 19, 2004 as a consequence of the merger between Aycell, Türk Telekom's GSM Operator and İş-TİM which has been established through the partnership of İş Bankası Group with a share of 51% and Telecom Italia Mobile with a share of 49%. Following the merger, for a period Aria and Aycell brands existed under TT&TİM. A totally new brand "Avea", reflecting the synergy from the merger was introduced into the market on June 23, 2004. The business name "TT&TİM İletişim Hizmetleri A.Ş" was replaced with "Avea İletişim Hizmetleri A.Ş." as of October 15, 2004.
The privatization of 55% of Türk Telekom's shares was completed in November 2005, by Oger Telecom's.[3] In September 2006, Türk Telekom acquired Telecom Italia's shares of 40.6% in Avea. Turk Telekom's share is 81.37% in Avea. The remaining 18.63% of the shares belongs to İş Bankası.
On 27 January 2016, Türk Telekom decided to use single brand "Türk Telekom", for its mobile networking, landlines and internet service provider.[4]
In June 2017, Avea presented a $450 million joint bid with Vodafone Turkey to provide mobile communications infrastructure in areas where these infrastructures are still lacking.[5]