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Magyar Telekom Nyrt.
Company type
Public Subsidiary
Traded as
BPSE: MTELEKOM BUX Component CETOP20 Component
Industry
Telecommunications
Founded
1991; 33 years ago (1991)
Headquarters
Budapest
,
Hungary
Area served
Central and Eastern Europe
Key people
Rékasi Tibor (CEO)
Products
Fixed Telephony, Mobile Telephony, Broadband Internet, IT Services, Networking Solutions, Digital TV
Revenue
HUF 746,669 million (2022)
Operating income
HUF 109,178 million (2022)
Net income
HUF 62,954 million (2022)
Total assets
HUF 1,456,417 million (2022)
Total equity
HUF 734,776 million (2022)
Number of employees
6,711 (2022)
Parent
Deutsche Telekom (61.39%)
Subsidiaries
Makedonski Telekom
Website
www.telekom.hu
Headquarters of Magyar Telekom in BudapestDr. Robert Hauber, Chairperson of Magyar Telekom's Board since April 2017Tibor Rékasi, Magyar Telekom's Chief Executive Officer
Magyar Telekom Nyrt. (officially Magyar Telekom Távközlési Nyilvánosan Működő Részvénytársaság, Magyar Telekom Telecommunications Public Limited Company[1] lit.'Hungarian Telecom Telecommunications Public Limited Company') is one of the leading Hungarian telecommunications service provider company. It is a subsidiary of Deutsche Telekom.[2]
Magyar Telekom provides a full range of telecommunications and information communication (ICT) services to private individuals as well as small, medium and large corporate customers, including landline and mobile phone, data transfer and non-voice based, as well as IT and system integration services uniformly under the Telekom brand. Magyar Telekom is connected to the lives of its customers by millions of threads, telephone, internet, TV and IT: it has a high-quality, reliable and uniquely wide range of services in all areas. Magyar Telekom Nyrt. is the 100% owner of Telekom Regszerintegració Zrt., as well as the majority owner of Makedonski Telekom, the leading integrated service provider in North Macedonia.
Until 6 May 2005, it was known as Matáv (Magyar Távközlési Rt. – Hungarian Telecommunications PLC). The company was formed under the name of Magyar Távközlési Vállalat (Hungarian Telecommunications Enterprise) in December 1989, when Magyar Posta (Hungarian Post) was split into three separate enterprises. On 31 December 1991, the company was re-structured as a public limited company as Magyar Távközlési Rt.. On 1 July 1993, the Telecommunications Act came into effect, making it possible to privatize the company. The company remained 100% state owned until the end of 1993. At this point, a consortium was formed between Deutsche Telekom and Ameritech, which was named MagyarCom. MagyarCom bought a company share of 30.1% for a price of US$875 million.
^"The Registration Court registered the merger of Magyar Telekom and T-Mobile Hungary". Magyar Telekom. Retrieved 15 August 2022.
^"Ownership structure" (in Hungarian). Retrieved 15 August 2022.
Skopje. It is part of the MagyarTelekom Group, which is a fully consolidated subsidiary of international Deutsche Telekom Group. It offers a range of...
Telekom may refer to: A1 Telekom Austria Group, Austria A1 Telekom Austria Deutsche Telekom, Germany Hrvatski Telekom, Croatia MagyarTelekom, Hungary...
Montenegro.[citation needed] In 2005, Telekom was acquired by MagyarTelekom, becoming a part of Deutsche Telekom Group. In 2006, the T-Com and T-Mobile...
GmbH, trading as Magenta Telekom is the second largest mobile and fixed company in Austria. It is owned by Deutsche Telekom. In 2022 it had 5.2 million...
Fortune Global 500 firm MOL Group, the OTP Bank, Gedeon Richter Plc., MagyarTelekom, CIG Pannonia, FHB Bank, Zwack Unicum and more. Besides this Hungary...
partnership is discontinued. In March 2013, a partnership with Deutsche Telekom in Germany was announced. This has not been actively marketed since 2020...
hálózatok - Telekom". Telekom Mobilszolgáltatás. Archived from the original on 2016-12-01. Retrieved 2016-11-30. "MagyarTelekom". MagyarTelekom. Archived...
28 area code for Gödöllő 29 area code for Monor 30 mobile network of MagyarTelekom 31 UPC Mobil and several smaller mobile services 32 area code for Salgótarján...
2006 to 2018, he was the CEO of Hungarian telecommunications company MagyarTelekom. Mattheisen graduated in history at Indiana University Bloomington (1979–1983)...
2011 in Budapest, Hungary. It was organized by the T-Mobile branch of MagyarTelekom on Ötvenhatosok tere. The open-air concert was considered to be one...
on Budapest Stock Exchange. Well-known companies include Graphisoft, MagyarTelekom, MKB Bank, MOL Group, Opus Global, OTP Bank, RÁBA Automotive Group,...
late 2005.[citation needed] The main broadband Internet providers are: MagyarTelekom (formerly T-Com/T-Online/Matáv), Vodafone (UPC), Invitel, Externet,...
ago". Tek Deeps. 15 October 2020. Retrieved 22 June 2022. "MagyarTelekom". MagyarTelekom. Retrieved 9 January 2023. Berlage, Michael (1995). "Telecommunications...
philanthropist and businessman, known as former president and CEO of MagyarTelekom. Born in Balatonfüred, Straub obtained his MS in Electrical Engineering...
visualize the connections. On 28 April 2006, T-Online, the net branch of MagyarTelekom, purchased iWiW for almost one billion HUF (about US$4.7 million) from...
known as Egyesült Magyar Kábeltelevízió) DSP Befektető Rt. HCS Invitel Távközlési Zrt. KableVision KFKI Számitástechnikai Rt. MagyarTelekom NyRt. (formerly...
2023-06-30. "MagyarTelekom launches 5G in selected parts of Budapest, Zalaegerszeg". TeleGeography. 2020-04-14. Retrieved 2020-04-14. "MagyarTelekom expands...
of press independence. The site was established in the late 1990s by MagyarTelekom and gradually evolved its investigative journalistic brand. In 2013...