March 25, 2017 5:45 AM ET

Diversified Telecommunication Services

Company Overview of Invitel Távközlési ZRt.

Company Overview

Invitel Távközlési ZRt. provides telecommunication services for residential and business customers in Hungary. It offers entertainment and multimedia services, including interactive, digital, and HD television; cable television, IPTV, ASDL, and Internet services; and mobile Internet and telephony services for residential customers. The company also provides information and communication technologies and cloud-based IT solutions, Internet, and voice and data services for telecommunication and infocommunication companies, as well as healthcare and financial institutions, utility companies, and airlines. Invitel Távközlési ZRt. was formerly known as Invitel Távközlesi Szolgáltató Rt. and change...

Puskás Tivadar utca 8-10

Budaors,  2040

Hungary

Founded in 1994

Phone:

36 1 801 1500

Fax:

36 1 801 1501

Key Executives for Invitel Távközlési ZRt.

Chief Executive Officer and Director
Age: 49
Chief Operative Director and Director
Chief Operating Officer of Residential Business and Director
Chief Operating Officer of Corporate & Wholesale Business and Director
Head of the Residential and Small Business Sales Team
Compensation as of Fiscal Year 2016.

Invitel Távközlési ZRt. Key Developments

Invitel and National Cyber Security Center Enter into a Cooperation Agreement

Invitel and National Cyber Security Center (NKI) have entered into a cooperation agreement under which the two parties agreed to work together on internet security in the country, writes local paper Budapest Business Journal citing a press release. The agreement mainly focuses on Invitel's Invitech Solutions branch, offering products for elevated IT security and rising awareness of business and private entities of IT security.

Invitel Appoints Ferenc Majzik as New Head of the Residential and Small Business Sales Team

Ferenc Majzik has been hired as new head of the residential and small business sales team by Invitel. Majzik has over 20 years of expertise in the domestic telecommunications market where he served in several leadership roles for many big firms. Most lately, he was serving as sales consultant and project manager and T-Systems Hungary. He also worked for Telenor Hungary and Magyar Telekom during his career.

Invitel Wins Five-Year Contract from Budapest Bank

Invitel won a five-year IT contract worth hundreds of millions of forints from local financial services provider Budapest Bank to set up the bank's backup data centre in a location not affiliated with its previous owner, writes local paper Budapest Business Journal. The contract was won following a change in the bank's management. A dedicated hall was created by Invitel for Budapest Bank. The new hall was created in four months and relocating the equipment into the new hall took one day.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 13, 2017
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