Antenna Hungaria, 4iG team up to create Hungarian infrastructure company

News General Hungary 26 AUG 2021
Antenna Hungaria, 4iG team up to create Hungarian infrastructure company

Antenna Hungaria and 4iG have entered into a cooperation agreement to combine public and private capital and create a strategic telecom infrastructure company in Hungary. As part of the deal, 4iG can acquire a majority stake in Antenna Hungaria.

The parties are expected to decide on their respective contributions to the merged group by mid-October. These will depend on the expected profile of the national telecom company, the finalisation of preliminary agreements, due diligence by Antenna Hungaria and the valuation of assets.

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