KAREL Elektronik A.Ş.

Karel, founded in 1986, is a technology company that pioneered the electronic telephone exchange (PBX) market in Turkey with its original designs, introducing PBX products to this market and leading the transition from electro-mechanical to electronic communication systems in Turkey. It is the largest company in Türkiye's communications electronics sector without foreign partners, and the largest producer in the corporate telecommunications market in terms of user base. It is among the top 500 industrial companies in Turkey. It is one of the top 15 manufacturers in the world, one of the top 3 in Europe, and the market leader in the EMEA region. It offers products and technology under the Karel brand to over 30 countries. In Turkey alone, it has a large customer base with over 650,000 installed PBX systems.

Karel's main activity is telecommunications, where it develops, manufactures, and sells wired and wireless communication systems in various technologies, features, and capacities in domestic and international markets, and also provides after-sales service. Its main products include IP-capable dedicated telephone exchanges and their peripherals in small, medium, and large capacities in the superstructure class, cloud-based voice and video communication solutions, and IP call centers; and rural area exchanges and interconnection exchanges in the infrastructure class. Also an electronics systems manufacturer, Karel primarily focuses on the design and production of white goods electronics within this field.