Vestel joins SAMENA Council's membership

Press release
Published August 15th, 2016 - 07:38 GMT
Mr.Turan Erdogan - CEO - Vestel
Mr.Turan Erdogan - CEO - Vestel

SAMENA Council welcomes Vestel Trade Co., the preeminent original equipment manufacturer and original design manufacturer from Turkey with global operations. With a turnover of USD 4 billion, Vestel is a market leader for consumer appliances and supplies to several of the top global brands. Vestel comprises a group of twenty four companies operating in manufacturing, technology development, marketing, and distribution fields in the home appliances, consumer electronics, digital technologies, multimedia communication, LED lighting, and defense industries.

Vestel CEO, Turan ERDOGAN said, "We wanted to consolidate our presence in the Middle East and what better way to show our commitment to the region than to join SAMENA Council. We appreciate the impact of the Council in furthering the cause of the ICT industry, especially with respect to the need for ensuring sustainable investment in ICT infrastructure development and accelerating adoption of digital products and services. Vestel is intent on becoming a part of the massive socio-economic progress taking shape in the Middle East and, given our technology expertise, which includes tablet and smartphone manufacturing, we see Vestel providing new choices and possibilities to the industry within the Middle East and the greater SAMENA region."

Bocar BA, CEO of SAMENA Council, warmly welcomed Vestel as the newest technology company to join the membership of the Council and said that "We are pleased to see increasing interest of technology companies from within the Middle East, and especially from Turkey, to become part of the Council and play their active role in shaping the new regional ICT landscape. Given Vestel's R&D capabilities as the first telecoms technology company in Turkey to develop product designs, the only developer of micro-controller software for use in its production processes, and as the provider of value-for-money consumer communications products, we see the potential for technology partnerships that may help concerned stakeholders fulfill their ICT needs."

Vestel is the third large-scale corporate from Turkey to have joined the membership of SAMENA Council.

Background Information

SAMENA Telecommunications Council

The Council was initially led by Dr. Muhammad Ali Al Wohaibi, then-CEO of Oman Telecom. Subsequently, SAMENA Council was chaired by Orange Jordan Telecom Group’s CEO Mr. Mickael Ghossein and then the group CEO of Saudi Telecom Company, Eng. Saud Al Daweesh. Elected in 2011, Sheikh Mohamed Bin Isa Al Khalifa, Group CEO of Batelco served as a chairman of the SAMENA Council’s Board of Directors until September 2013 and was succeeded by Dr. Nasser Marafih, then-Group CEO of Ooredoo. In 2016, the Board of Directors elected Dr. Khaled Biyari, Group CEO of STC, to lead SAMENA Council. On February 27, 2018, in Barcelona, STC was again elected to chair the Board of Directors under the leadership of STC GCEO Eng. Nasser Al Nasser.

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