PCCW and Türk Telekom International sign MoU to explore joint ventures
PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, and Türk Telekom International (TTI), a leading telecommunications operator across Central & Eastern Europe, Turkey, Caucasus, and the Middle East, have signed a Memorandum of Understanding (MoU) to explore service portfolio and geographic synergies between two leading telecommunications companies.
Under the scope of the MoU, consideration will be given to making PCCW Global’s GTVN (Global Television Network), a managed end-to-end video transportation solution, available to TTI’s customer base of international broadcasters, video content distributors and carriers.
The MoU also provides for exploring how TTI could provide customers with PCCW Global’s award-winning MOREAL cyber threat management service solution and other cloud-based security solutions from HKT. MOREAL is a real-time, self-learning network security capability that won the Global Telecoms Business Award in 2015.
“We are delighted to have entered into this MoU to explore mutually beneficial business opportunities for our two companies,” said Marc Halbfinger, chief executive officer of PCCW Global.
“TTI has an excellent track record for seamless connectivity and unique coverage from Western Europe through the Middle East and onward to Asia. In addition, TTI has a wealth of experience in entering new markets throughout Central & Eastern Europe, the Middle East, the Commonwealth of Independent States (CIS), North Africa and Central Asia.”
Türk Telekom’s CEO, Cengiz Oztelcan, added: “TTI is dedicated to delivering best-in-class solutions to our customers. Through this collaboration with PCCW Global, we believe enormous synergies will be found by leveraging our broad geographic reach to bring PCCW Global’s innovative suite of cyber and broadcast capabilities to serve our customers.”