0
General

Magyar Telekom to end ADS trading on London Stock Exchange

Thursday 2 December 2021 | 12:25 CET | News
Hungarian operator Magyar Telekom announced that its Board of Directors decided to request the cancellation of admission to trading of its American depositary shares (ADSs) on the London Stock Exchange's International Order Book with effect from 30 December. The company notified the LSE of its intention. The main reason for the cancellation is the very low liquidity and trading volume of the ADSs in recent years.

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?



Categories: General
Companies: Magyar Telekom
Countries: Hungary
::: add a comment

Add comment

Please login or register to leave a 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

T-Systems Hungary agrees sale of subsidiary Pan-Inform to Hungarian state

Published 15 Dec 2021 09:25 CET | Hungary
Magyar Telekom announced that its subsidiary T-Systems Hungary agreed to sell its subsidiary Pan-Inform to the Hungarian state. ...

Magyar Telekom revenue up 6% to HUF 178 bln in Q3

Published 11 Nov 2021 09:35 CET | Hungary
Magyar Telekom saw its revenue increase by 6.2 percent year-on-year to HUF 178.1 billion in Q3, primarily driven by increases in ...

Magyar Telekom credit rating confirmed at BBB+/Stable

Published 25 Oct 2021 15:29 CET | Hungary
Magyar Telekom said that after an annual credit rating review, Scope Ratings has affirmed the issuer credit rating of BBB+ with ...

Magyar Telekom revenues increase 6% to HUF 166 bln in Q2

Published 11 Aug 2021 15:53 CET | Hungary
Magyar Telekom saw its total revenues increase by 5.7 percent year-on-year to HUF 166.1 billion in Q2 2021. Growth in telecom ...

Magyar Telekom launches programme to support SMEs digital development

Published 12 Jul 2021 12:14 CET | Hungary
Magyar Telekom launched a programme to support the digital development of Hungarian SMEs under the name 'Plan D (D terv)' on its ...





Calendar   /   Industry Events

19 Jan Fujitsu ActivateNow: Technology Summit
20 Jan Limelight Networks Q4 2021
20 Jan Netflix Q4 2021
25 Jan Ericsson Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Samsung Electronics Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
::: More Calendar Items