Budapest – July 31, 2017 – Magyar Telekom (Reuters: MTEL.BU and Bloomberg:
MTELEKOM HB, hereinafter the “Company”), the leading Hungarian telecommunications service provider, hereby
announces that the Company has decided to exit from the
residential segment of the electricity market with effect from November 1,
2017.
Magyar Telekom to exit the residential electricity market
2017. 07. 31. 16:00:00
This investor news may contain 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 Reports for the year ended December 31, 2016 available on our
website athttps://www.telekom.hu
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