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.
Magyar Telekom Plc premium industry data and analytics
Products and Services
| Services |
|---|
| IP and Data Services |
| Voice Services |
| TV Services |
| XYZ |
| XYZ |
| XYZ |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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