News: Magyar Telekom Tavkozlesi Nyrt. (MTA.N)

MTA.N on New York Stock Exchange

19.23USD
8 Dec 2009
Price Change (% chg)

$-0.86 (-4.29%)
Prev Close
$19.23
Open
--
Day's High
$20.20
Day's Low
$19.05
Volume
26,312
Avg. Vol
15,241
52-wk High
$24.99
52-wk Low
$10.01

view news for:
Select another date:

Thu, Dec 3 2009

Magyar Telekom ends internal contracts probe

BUDAPEST, Dec 3 (Reuters) - Magyar Telekom said former executives at its Hungarian and Macedonian units had authorised fraudulent payments totalling about 24 million euros ($36 million) from 2000-2006.

Continue Reading

Magyar Telekom says sells Bulgarian unit Orbitel

BUDAPEST, Nov 17 (Reuters) - Hungarian Magyar Telekom said it has sold its Bulgarian alternative telecommunications service provider unit Orbitel EAD for around 5 million euros ($7.5 million) to focus on activities elsewhere.

Hungary, Factors to watch, Nov 12

BUDAPEST, Nov 12 (Reuters) - Following is a list of events in Hungary and the region, as well as news stories and press reports which may influence financial markets.

Magyar Telekom Q3 net down 15 pct, affirms outlook

BUDAPEST, Nov 5 (Reuters) - Magyar Telekom reported on Thursday a 14.8 percent decline in third-quarter net income that was in line with market expectations and the company also affirmed its full-year profit guidance.

Hungary police extend Magyar Telekom probe

BUDAPEST, Sept 22 (Reuters) - The Hungarian police have extended an investigation into Magyar Telekom over an internal probe into contract irregularities at its foreign units, the company said on Tuesday.

Hungary may relaunch mobile tender -newspaper

BUDAPEST, Sept 19 (Reuters) - Hungary may relaunch a tender to allow a fourth mobile phone operator into the market in the 900 MHz frequency next year, the daily Magyar Nemzet reported on Saturday. The sale of the frequency halted in March when national telecommunications authority NHH scrapped the tender, blaming a significant deterioration in the global and domestic economic environment, which it said made financing and returns uncertain.

UPDATE 1-Magyar Telekom to cut 400 jobs, save HUF 6.5 bln

BUDAPEST, Sept 16 (Reuters) - Magyar Telekom will lay off 400 workers at a cost of about 7 billion forints ($37.04 million) in severance payments, the brunt of which it expects to incur in the fourth quarter, the company said on Wednesday.

MTelekom to cut 400 jobs, save HUF 6.5 bln in 2010

BUDAPEST, Sept 16 (Reuters) - Magyar Telekom will lay off 400 workers at a cost of about 7 billion forints ($37.04 million) in severance payments, the brunt of which it expects to incur in the fourth quarter, the company said on Wednesday.

Magyar Telekom sees sluggish fibre access sales

BUDAPEST, Sept 2 (Reuters) - Magyar Telekom will connect 165,000 households to its high-speed fibre-optic network in Hungary by the end of the year, below an earlier target, and expects sluggish subscriber growth due to the economic downturn.

Magyar Telekom Q2 net falls 27 pct, cuts guidance

* Sees 2 pct revenue decline, max. 5 pct fall in EBITDA

Select another date:

Market Views

» More MTA.N Market Views

Press Releases

view news for: