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Latest Satellite News Discussion, New Magyar Telekom integration continues at General Satellite News forum; Magyar Telekom integration continues By Chris Dziadul | May 26, 2009 Magyar Telekoms board of directors has proposed to merge ...

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Thumbs up New Magyar Telekom integration continues - 26-May-2009, 14:40

Magyar Telekom integration continues

By Chris Dziadul | May 26, 2009

Magyar Telekoms board of directors has proposed to merge the company with its subsidiary T-Kbel, the countrys second largest cable operator.

The move, which is likely to produce annual savings of up to HUF1 billion (3.58 million), will mark the latest stage in an integration process at the Hungarian incumbent telco that began three years ago.

T-Kbel ended Q1 with 505,000 TV subscribers, with growth being largely driven by its DTH platform T-Home Sat, launched in late 2008, and to a degree its IPTV operation T-Home TV.

T-Kbels take-up has remained relatively constant, at around 415,000-420,000 subscribers, for some time.


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