Koc.net Telecommunications Services Inc. was established in 1996 to develop a wide area network and Internet infrastructure for Koç group companies. Koç.net provides to its corporate customers a wide range of data services including access services, security services, hosting and ASP services, campus services, multimedia services, and VISP services, and it has begun providing phone services after obtaining Type A License for Long Distance Telephone Services from the Telecommunications. In 2011, Vodafone Turkey purchased 99.99 percent of the shares in Koc.net for nearly EUR 9.3 million. Through the acquisition, Vodafone Turkey is launching the Vodafone Net brand and aims to provide corporate clients with 32 percent savings on their telecommunications expenditures.