Magyar Telekom Tavkozlesi Nyrt Announces Judgment in Lawsuit Regarding Decision Closing 900 MHz Frequency Auction

Tuesday, 26 Feb 2013 08:46am EST 

Magyar Telekom Tavkozlesi Nyrt (Magyar Telekom) announced that following requests for judicial review of the Metropolitan Court’s judgment, and a request for the suspension of enforceability of the judgment, filed with the Curia and suspension of the enforceability of the Metropolitan Court’s judgment until the conclusion of the judicial review process, the Company received a notice concerning lawsuit regarding decision closing 900 MHz Frequency Auction announced, on August 4, 2011, by the Office of the National Media and Infocommunications Authority. The Curia, by its judgment closing the judicial review process, announced on February 26, 2013, upheld the judgment of the Metropolitan Court. Accordingly, the administrative decision of the Office of the National Media and Infocommunications Authority (the NMHH Office) closing the 900 megahertz (MHz) frequency auction is annulled in a final, binding and non-appealable manner. 

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