Magyar Telekom bought nine smaller cable networks this year
TV, broadband internet and voice services are available to a total of 33 households on the smaller networks purchased.In line with the company's strategy, these transactions will further increase Magyar Telekom's high-speed internet coverage and strengthen its market position. The total price of the purchases was about HUF 850 million.
János Szabó, Magyar Telekom's Deputy Chief Financial Officer, said in connection with the acquisitions: "The nine successfully completed transactions indicate that Magyar Telekom's acquisition activities have significantly accelerated this year."