Magyar Telekom Plc - Company Profile

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Magyar Telekom Plc (Magyar), a subsidiary of Deutsche Telekom Europe BV, is a provider of fixed-line and mobile communication services for residential, and small and medium-sized enterprises (SME) customers. The company provides information communication, system integration services, TV distribution, interactive services for telecommunication applications, internet protocol television (IPTV), prepaid and postpaid plans, and internet services. Magyar offers services such as voice, server, and data pack services, data, fixed-line, broadband, and short message service (SMS). The company has operations across North Macedonia, Bulgaria and Romania. Magyar is headquartered in Budapest, Hungary.

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Headquarters Hungary

Address Konyves Kalman Korut 36., Budapest, 1097


Telephone 36 80 388388

No of Employees 6,531

Industry Technology and Communications

Ticker Symbol & Exchange MTELEKOM (BDP)

Revenue (2024) $2.8B 1.7% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ 32.1% (2024 vs 2023)

Market Cap* $7.8B

Net Profit Margin (2024) XYZ 29.9% (2024 vs 2023)

* As of and is in US$
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Magyar Telekom Plc premium industry data and analytics

30+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Magyar Telekom Plc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
IP and Data Services
Voice Services
TV Services
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2025 New Products/Services In September, the company introduced XGSPON technology.
2025 Contracts/Agreements In July, Makedonski Telekom entered into a memorandum of understanding with North Macedonia's government to promote the digital transformation of North Macedonia.
2025 Contracts/Agreements In January, the company entered into an agreement to sell ViDaNet Zrt. to URSUS Befektetesi es Vagyonkezelo Zrt.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters Magyar Telekom Plc Digi Communications NV Neterra Orange Romania SA Vodafone Hungary Ltd
Headquarters Hungary Romania Bulgaria Romania Hungary
City Budapest Bucuresti Sofia Bucharest City Budapest
State/Province - - Sofia Bucharesti -
No. of Employees 6,531 9 - - -
Entity Type Public Public Private Private Private
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Learn more
Executives
Name Position Board Since Age
Daniel Daub Chairman Executive Board 2023 50
Tibor Rekasi Director; Chief Executive Officer Executive Board 2018 53
Andre Lenz Director; Chief Financial Officer Executive Board 2025 53
Zsuzsa Toth Chief People Officer Senior Management 2024 47
Peter Nagy Chief Technology and IT Officer Senior Management 2025 47
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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