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Investor Releases

NMHH Draft Resolution on Hungarian mobile wholesale termination fees

Budapest, March 10, 2011 17:00

Magyar Telekom (Reuters: MTEL.BU and Bloomberg: MTELEKOM HB), the leading Hungarian telecommunications service provider, announces that the National Media and Infocommunications Authority (NMHH) has published its draft resolution regarding the Hungarian mobile wholesale voice termination fees for the next two years.

The NMHH proposes the following mobile voice termination fees for the next two years (net of VAT):

Proposed mobile wholesale termination fees
Fees until end-2011 From January, 2012 From January, 2013
Magyar Telekom 11.86 HUF/min 9.46 HUF/min 7.06 HUF/min
Telenor 11.86 HUF/min 9.46 HUF/min 7.06 HUF/min
Vodafone 11.86 HUF/min 9.46 HUF/min 7.06 HUF/min

The NMHH draft resolution is published on the www.nmhh.hu website. The final resolution is expected to be published in May 2011.


This investor news contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore should not have undue reliance placed upon them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Report on Form 20-F for the year ended December 31, 2009 filed with the U.S. Securities and Exchange Commission.

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