Result of the voluntary public offer for all outstanding shares_in EPT and the subsequent exercise of Magyar Telekom's purchase_right
Result of the voluntary public offer for all outstanding shares in EPT and the subsequent exercise of Magyar Telekom's purchase right
Budapest,
On January 15, 2010, Magyar Telekom announced and launched a voluntary public offer for all outstanding shares in EPT Plc. Following the public offer, the Company exercised its purchase right for the EPT shares not acquired through the public offer process. As a result, effective from April 13, 2010, Magyar Telekom has become the sole shareholder in EPT Plc. owning a 100% stake.
About Magyar Telekom
Magyar Telekom is Hungary's largest telecommunication service provider, which offers the full range of telecommunication and info-communication (ICT) services, including fix and mobile phone, data transmission and non-voice, as well s IT and system integration services. The company pursues its business through its two business units: Consumer Services Business Unit (the T-Home brand of services accessed at home and the T-Mobile brand of mobile communication services); Business Services Business Unit (T-Systems brand). Magyar Telekom is majority owner of Makedonski Telekom, the largest fix and mobile service provider of Macedonia, as well as Crnogorski Telekom, Montenegro's largest telecommunication service provider. Magyar Telekom's majority (59.21%) owner is MagyarCom Holding GmbH, which is exclusively owned by Deutsche Telekom AG. Further information is available atwww.telekom.hu
