Budapest,

The headquarters of Magyar Telekom hosted the ceremony organized for presentation of Hungarian journalism's most prestigious prize. As the exclusive sponsor of Pulitzer Prize Foundation, Magyar Telekom helps the operation of the organization with a total sum of HUF 21 million during three years from 2008.
At the ceremony Mihály Varga, Magyar Telekom Group Communications Director said: "Our experience shows that there is a major demand for quality journalism even in a period when lighter, lower standard genres come to the fore in order to maintain circulation figures. In the everyday news competition we must not forget that only quality and value will last in the area of journalism as well. As market leading infocommunication service provider it is our duty to support every initiative which encourages high standard press work."
The Hungarian prize was established in 1989 with the purpose of providing fitting recognition for the outstanding professional achievements of journalists in Hungary.