Telecommunications Hungary

Vodafone sells Hungarian mobile unit to private-state consortium for €1.75 billion

British multinational telecommunications company Vodafone sold its Hungarian mobile unit to a consortium of a local company and the Hungarian state, the Hungarian company involved in the business, 4iG, announced on Monday. The value of the transaction is worth HUF 715 billion (€1.75 billion), which is 7.7 times the company’s EBITDA for the business year […]
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