Chris Dziadul Reports: Hungarian highlights

Two interesting reports concerning Hungary’s electronic communications industry have appeared in the last fortnight.

The first, which can probably best be described as a market rumour, was that Deutsche Telekom had received a bid of €2 billion for Magyar Telekom. However, it was not clear if this amount valued the Hungarian telco as a whole at €2 billion, or only Deutsche Telekom’s 59.21% stake. In any case, any prospective buyer would also have to make a binding offer for the remaining 40.79% in the company.

Source: Chris Dziadul Reports: Hungarian highlights