Today, Bloomberg made an important claim. According to this, the Türkiye Wealth Fund is considering selling its shares in Turkcell.
According to Bloomberg news here The Turkish Wealth Fund currently owns the country’s largest telecommunications operator Turkcell is considering whether to sell its 26.2 percent stake in Communication Services Inc.. The sources claiming that the board of directors of the Turkey Wealth Fund (TVF) has not yet made an official decision on this issue, asked not to be named because the discussions are private. According to the news, the final decision on this issue will probably be made by the directors of the fund President Recep Tayyip Erdogan will be given by. Turkcell had previously made headlines with an important test they conducted with Huawei. The following was stated in the statement made on the subject: “This trial, implemented as part of the 5.5G R&D and innovation projects jointly carried out by Turkcell and Huawei, was implemented to investigate the potential scenarios that next-generation connection technologies will reach. Passive IoT, which is a new generation IoT technology that is still in the R&D phase, can provide its own energy by ‘harvesting’ magnetic power from the environment it is in, unlike existing IoT products, without the need for batteries. Passive IoT-supported sensors, which are aimed to facilitate the stock, temperature or humidity tracking of products, especially in the agriculture, supply and logistics sectors, can be used for years without needing any energy source. In addition, thanks to its low module costs, Passive IoT technology is expected to offer a very wide range of use.
“We are very excited to have successfully completed the Passive IoT test with Huawei regarding innovative technologies,” he said. Turkcell Deputy General Manager Responsible for Network Technologies Prof. Dr. Vehbi Çağrı Güngör “This technology has the potential to revolutionize logistics and supply chain management by enabling sensor positioning and real-time data collection with very low cost and energy consumption. This is in line with our vision of creating a more efficient and sustainable future using next-generation technologies. This successful R&D trial will provide a new field of application for Turkcell’s future-oriented corporate solutions, which guide Turkey’s digitalization.”
“Huawei is determined to bring innovations of the 5.5G era to life by collaborating with industry leaders such as Turkcell,” he said. Steven Shang, Huawei’s Turkcell Group Directorsaid, “Passive IoT is a game-changing technology. This successful trial will be adopted by different industries. We look forward to continuing our collaboration with Turkcell and exploring the full potential of this technology.” Turkcell and Huawei are leading digitalization and pioneering current technological developments in the field of next-generation communications. The two companies successfully tested the limits of 5.5G technology with a successful Passive IoT trial.”