Grundig mobile was established in 2005 as a collaboration agreement between Koç Holding and Vitelcom Mobile Technology.
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Grundig mobile is a joint venture between Koç Holding of Turkey and Vitelcom of Spain that manufactures mobile phones and accessories.
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Spain's Grupo Vitelcom is licensed to manufacture mobile telephones using the Grundig Mobile brand, and auto parts company Delphi manufactures car radios branded Grundig.
Vitelcom makes DVD and VCR equipment under contract using the Funai brand name, mobile phones using the Grundig mobile name under license, plus handheld computer equipment and ADSL modems.