Breaking News

Apple First Weekend Sales of iPhone 6 and iPhone 6 Plus Top 10 Million, Exceeding Company Expectations
Tweet TWEET

Magyar Telekom Agrees to Buy Externet’s Broadband Business

Magyar Telekom Nyrt., Hungary’s former phone monopoly, agreed to buy Externet Nyrt.’s broadband business, Externet said in a statement posted on the Budapest Stock Exchange today.

Externet said it would disclose further details at the closing of the deal, which is expected in March of next year.

To contact the reporters on this story: Zoltan Simon in Budapest at zsimon@bloomberg.net

To contact the editors responsible for this Willy Morris at wmorris@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.