MTA » Topics » § 1 Management of TMH

This excerpt taken from the MTA 20-F filed May 11, 2005.

§ 1 Management of TMH


1.             TMH was established by closed foundation on October 27, 1993, pursuant to Act VI of 1988 on Business Organizations, as amended, Act XVI of 1991 on Concessions, Act LXXII of 1992 on Telecommunication and the original Deed of Association. According to the Deed of Association, the business of TMH is managed by or under the direction of its Board of Directors according to the Rules of Operations of the Board of Directors.


Based on the Concession Agreement between the Minister of Transport, Communication and Water Management, the purpose of the Concession Company is to provide public GSM 900 and DCS 1800 integrated public mobile radio telephone services. In addition, the purpose of the Concession Company is to be engaged  in such other activities which are necessary for the realisation of the concession activity mentioned above, and for activities permitted by the Concession Contract on the basis of the Telecommunications Law

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