Magyar Telekom Stock
€2.41
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Description Magyar Telekom
Magyar Telekom Nyrt. is the largest telecommunications company in Hungary. It was founded in 1991 and is headquartered in Budapest, Hungary. The company is listed on both the Budapest Stock Exchange and the Frankfurt Stock Exchange.
Magyar Telekom provides a wide range of telecommunications services including mobile and fixed-line telephony, internet and data services, and digital television services. It also operates in several other countries in the Central and Eastern European region, including Serbia, Montenegro, and Macedonia.
In recent years, Magyar Telekom has faced intense competition in the Hungarian telecommunications market from other operators. Nevertheless, the company has continued to expand and invest in new technologies and services to stay ahead of the competition. Magyar Telekom's market capitalization is around US$3 billion as of March 2021.
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