Magyar Telekom Nyrt. (MGYB)

Profile

https://www.telekom.hu

Magyar Telekom Nyrt. is Hungary's leading telecommunications service provider, established in 1991 as a public limited company headquartered in Budapest. It delivers a comprehensive suite of fixed-line and mobile telephony, broadband internet, TV distribution, data transmission, IT solutions, and system integration services under the unified Telekom brand to residential, small and medium-sized business, and large corporate customers, including the public sector. As a subsidiary of Deutsche Telekom Europe B.V., which holds a 65.78% stake, the company maintains a dominant position in Hungary with approximately 6.4 million mobile subscribers, 1.2 million fixed voice lines, and 1.6 million broadband connections, alongside leadership in the IT services market. Internationally, it owns 100% of Telekom Regszerintegráció Zrt. and a majority stake in Makedonski Telekom, North Macedonia's primary operator, with minor operations in Bulgaria and Romania. Listed since 1997 with 938,617,497 ordinary shares of 100 HUF face value, Magyar Telekom Nyrt. drives infrastructure innovation, including 5G networks and gigabit-speed coverage exceeding 1.7 million access points, solidifying its pivotal role in Hungary's ICT landscape.