Budapest, July 28, 2008 16:45

Magyar Telekom’s 100% owned subsidiary, T-Kábel Magyarország Kft. has signed an agreement to buy the 100% equity stake of Dél-Vonal Kft.

Dél-Vonal Kft. owns cable networks in other LTO areas in Békés and Csongrád counties; there are around 3,800 cable TV and 500 cable broadband subscribers on its network. The purchase price of the equity stake is less than half a billion forints and the transaction is expected to close in August 2008.