At a glance
Financial targets
In 2026 Magyar Telekom’s strategic priorities remain unchanged.
The progress achieved in digital transformation provides a strong foundation for continued value creation. Supported by further
growth in service revenue, and notwithstanding risks affecting certain other revenue streams, we expect low-single-digit growth
in Group revenue and EBITDA AL in FY26. Adjusted net income is expected to grow at a mid-single-digit rate, with projected
free cashflow generation of approximately HUF 200 billion.
| 2025 Actual | Guidance for 2026 | |
|---|---|---|
| Revenue | HUF 983,9 billion | low-single-digit growth |
| EBITDA AL | HUF 386,8 billion | low-single-digit growths |
| Adjusted net income | HUF 207,4 billion | mid-single-digit growth |
| FCF1 | HUF 220,9 billion | at least HUF 200 billion |
1 Excluding spectrum licences
Sustainability at Telekom
What we do in the present determines the lives of the future generations. By adopting a repsonsible approach and applying sustainable solutions, we strive to make the future liveable to the greatest possible extent.
Responsible investment – Achivements
Due to its strong sustainability performance, Magyar Telekom Group has gained the attention of socially responsible investors (investors taking into consideration environmental and social factors as part of their investment criteria). The matrix is available here.
Ownership structure
Ownership structure of Magyar Telekom
As of December 31, 2025
*Deutsche Telekom Europe B.V. (formerly called CMobil B.V.) is 100% owned by Deutsche Telekom Europe Holding B.V., whose 100%
owner is Deutsche Telekom Europe Holding GmbH (formerly called T-Mobile Global Holding Nr. 2 GmbH) and Deutsche Telekom Europe
Holding GmbH is 100% owned by Deutsche Telekom AG, as a result Deutsche Telekom AG has 65,78% indirect ownership in Magyar
Telekom.
Geographical breakdown of Magyar Telekom's identified institutional investors
As of June 2023, based on the shareholder identification report prepared by IHS Markit.
