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TheStreet Open House

Turkcell Pushes Button For Domestic Smart Phone: Code Name: Gebze

ISTANBUL, February 26, 2013 /PRNewswire/ --

Turkcell (NYSE:TKC ,  ISE: TCELL), Turkey's leading communications and technology company Turkcell has announced its kick-starting of the first local smartphone, codenamed "Gebze" (the name of the city where Turkcell's R&D center Turkcell Technology currently operates) , which will be the product of Turkish Designers and Engineers, both in terms of design and software. 

     (Logo: http://photos.prnewswire.com/prnh/20120614/537932-b )      (Photo: http://photos.prnewswire.com/prnh/20130226/599689 )

Following the success of its own branded T-Series smart phones, Turkcell has pushed the button for its local smartphone Gebze, which will be develop by Turkcell's 700-employee R&D center Turkcell Technology.  The Gebze is targeted for export, initially to regional countries, thereby contributing to the easing of the current account deficit in the approximate amount of TRY500,000 for each 1 million units sold.  The smart phone, equipped with features such as an interface unique to Turkcell, hardware developed based on the latest technologies and tailored for the needs of Turkish customers', as well as rich application content will be offered at prices affordable for all.  Turkcell's local smartphone is expected to meet the end user in 2013.    

Announcing a milestone for the Turkish telecommunications sector at a press conference at the Mobile World Congress ("MWC") 2013, in Barcelona, Spain, with the participation of Turkey's Minister of Transport, Marina Affairs and Communications Binali Yildirim, Qualcomm Senior VP & President of Europe Enrico Salvatori, and Turkcell CEO Sureyya Ciliv; Turkcell also signed an agreement with Qualcomm, one of the world's leading mobile technology companies.  With this cooperation, Turkcell will be able to participate in joint R&D activities with Qualcomm.

Commenting during the Press Conference Minister of Transport, Marina Affairs and Communications Binali Yildirim said: "R&D has always been of importance for countries.  We completed our studies on regulating R&D activities with regards to the Information and Communications sector in 2012.  During these studies, we aimed to produce a local product and create a brand.  With this purpose in mind, we support software and hardware projects in the sector for free.  Indeed, our studies in R&D and local contribution to production have started to bear fruit.  One of them is Turkcell's.  And today, we have come one step closer to our target.  I congratulate Turkcell for this and thank everybody who put their effort and contribution into the development phase of this project."

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