Tunc Holding AG: Tunc Telekomünikasyion bids for a project in the United Arab Emirates

DJ Tunc Holding AG: Tunc Telekomünikasyion bids for a project in the United Arab Emirates

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Tunc Telekomünikasyion A.S., the Turkish subsidiary of Tunc Holding AG, has 
emitted an offer in the scope of a bid invitation for the DU 2G and 3G project 
on the 24th of June 2008. The bid invitation was given from Huawei Tech. 
Investment Co. Ltd. (18th floor, Millenium Tower, Emirates Colleague, Hamdan st. 
Abu Dhabi) to Tunc Telekokmünikasyion. 
 
The tender comprises different operations, in total 1216, which have to be done 
during a period of ten month. Among these operations there are swaps, 
installation and commissioning of GSM stations. Within a period of twelve month 
another 666 radio networks should be planned and optimized and 517 sites in the 
United Arab Emirates have to be operated and maintained. 
 
The negotiations between Tunc Telekomunikasyon A.S. and Huawei Tech Investment 
Co. Ltd. are still continuing. The result of the bidding is expected to be 
announced at the end of July 2008. 
 
Tunc Holding AG has been founded in November 2007 and provides through its seven 
subsidiaries engineering and support services in the area of telecommunications 
systems. 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 Tunc Holding subsidiaries are active 
in twelve countries in Asia Minor, Western and Central Asia as well as in 
Eastern Europe. The broad range of services includes 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: CH0036270XXX, WKN: A0M92R). 
 
 
end of announcement                               euro adhoc 
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(END) Dow Jones Newswires

July 03, 2008 14:01 ET (18:01 GMT)