Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság - Depositary Receipt (MGY)

Overview

Magyar Telekom Távközlési Nyilvánosan Működő Részvénytársaság, headquartered in Budapest, Hungary, is a prominent provider of comprehensive telecommunications services across Hungary, Bulgaria, Romania, and the Republic of North Macedonia. As a key subsidiary of Deutsche Telekom Europe B.V., the company was established in 1991 and has since become a market leader in delivering a broad spectrum of telecommunication solutions. Magyar Telekom operates through its strategic business segments, MT-Hungary and North Macedonia, offering an extensive range of services under the well-recognized Telekom and T-Systems brands. This includes fixed-line and mobile telecommunication services catering to residential, small business customers, TV distribution, advanced information communication technologies, and system integration services, thereby playing a pivotal role in connecting people and enabling businesses through innovative technology and telecommunications applications.

Products and Services

• Mobile Telecommunication Services

  Magyar Telekom provides comprehensive mobile telecommunication services including both prepaid and postpaid plans. Customers can enjoy a wide array of mobile solutions such as TV, broadband, and phone services tailored to meet diverse needs. The company also offers cutting-edge mobile tariff plans and Mobilnet options designed for seamless mobile connectivity and internet access on the go.

• Internet and Voice Services

  Geared towards both residential and business customers, Magyar Telekom offers high-speed internet and voice services. This includes the provision of Office 365, server hosting, data park facilities, and machine to machine (M2M) services, empowering customers with efficient and reliable internet connectivity and voice communication solutions.

• IT Services

  Magyar Telekom stands at the forefront of IT services, offering solutions that include a modern office setup, business support, security services, communication solutions, and the sale of IT devices and servers. Their data pack services are designed to cater to the complex needs of businesses, ensuring secure and robust IT infrastructure.

• IoT Services

  The company's innovative approach extends to Internet of Things (IoT) services, providing customers with advanced data transmission solutions. These services are designed to facilitate seamless communication between devices, enabling efficient operations and smart technology integration in various sectors.

• Wholesale Services

  Magyar Telekom also offers an extensive range of wholesale services to other telecommunication providers. This includes fixed-line access, IP and data services, voice, and TV services in addition to mobile wholesale services like mobile interconnect, interworking products, and roaming services. Their international wholesale offerings encompass voice and data services, enriched with IPv6 dual-stack options for residential customers.

• System Integration and IT Services

  Furthermore, the company excels in system integration and IT services, offering bespoke solutions that enable businesses to streamline their operations and enhance efficiency. Magyar Telekom operates as an interactive service provider, leveraging telecommunications applications to deliver advanced services and solutions.