After setting the time zone (I guess this also changes the frequency that it listens on) it starts to sync itself using that signal. It is also solar-charging - so this basically means that I never have to touch it. Although it's an analog watch, because of this sync, it correctly handles DST, the date window (including leap year) - basically I never have to touch it again until it breaks . All without bluetooth or internet connection - pretty cool I think.
Casio Oceanus t200 for anyone that cares.