0
General

4iG drops acquisition of T-Systems Hungary from Magyar Telekom

Wednesday 11 December 2019 | 15:02 CET | News
Magyar Telekom announced it terminated its talks with 4iG over the acquisition of T-Systems Hungary by 4iG following 4iGʼs initiative. The parties agreed to cancel the Heads of Terms signed in July for the sale of T-Systems Hungary for an undisclosed price. After the termination of the negotiations, T-Systems Hungary will continue to be a part of Magyar Telekom Group.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Magyar Telekom / T-Systems
Countries: Hungary
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

MNB fines 4iG for late disclosure on T-Systems Magyarorszag takeover

Published 23 Jan 2020 10:52 CET | Hungary
The National Bank of Hungary (MNB) said it fined IT company 4iG HUF 5 million for keeping an inaccurate record of the timing of ...

Hungary's 4iG wins deal from Government Information Technology Development Agency

Published 06 Jan 2020 09:28 CET | Hungary
Hungarian IT company 4iG won a tender organised by the Government Information Technology Development Agency for the acquisition ...

4iG on course with acquisition of T-Systems Hungary

Published 21 Oct 2019 09:51 CET | Hungary
Hungarian IT firm 4iG completed the first phase of due diligence at T-Systems Hungary in a period of three months and is in the ...

Magyar Telekom signs Heads of Terms about sale of T-Systems Hungary

Published 10 Jul 2019 14:36 CET | Hungary
Magyar Telekom announced it signed heads of terms with 4iG about the sale of T-Systems Hungary. According to the heads of terms, ...





Calendar   /   Industry Events

10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Ceva Q2
10 Aug Gogo Q2 2020
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Radcom Q2 2020
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug United Internet H1 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Singtel fiscal Q1
13 Aug Teleste Q2 2020
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items