OTCM
MYTAY
Market cap209mUSD
Jan 20, Last price
29.53USD
Name
Magyar Telekom Tavkozlesi Nyrt
Chart & Performance
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Profile
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság operates as a telecommunications provider, delivering a broad spectrum of fixed-line and mobile services to residential and small business customers. Its geographical footprint covers Hungary, Bulgaria, Romania, and the Republic of North Macedonia, with operations managed through its MT-Hungary and North Macedonia segments. The company's offerings span traditional and advanced communication needs. For mobile users, it supplies prepaid and postpaid plans, data packages, mobile television, broadband access, SMS capabilities, and voice services, including additional 'mobilnet' options. Fixed-line services comprise internet connectivity, voice telephony, and TV distribution. Magyar Telekom is also a significant provider of IT and system integration solutions. Its enterprise services include modern office environments, business support, cybersecurity, communication infrastructure, IT hardware (such as devices and servers), and data center facilities. It further supports next-generation technologies like machine-to-machine (M2M) and Internet of Things (IoT) with dedicated services and data transmission solutions. The sale of telecommunications network infrastructure and equipment is also part of its business. A substantial wholesale segment is maintained, offering fixed-line services like access, IP and data transmission, voice, and TV services. Mobile wholesale operations include interconnect and interworking products, alongside roaming services. The company also handles international wholesale voice and data services, and provides IPv6 dual-stack connectivity to its residential subscribers. Beyond these, Magyar Telekom acts as an interactive service provider for various telecommunications applications and engages in community initiatives such as telebikes. Its services are primarily marketed under the Telekom and T-Systems brands. Established in 1991 and headquartered in Budapest, Hungary, Magyar Telekom functions as a subsidiary of Deutsche Telekom Europe B.V.
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