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|Public limited company|
|Traded as||BPSE: MTELEKOM|
OTC Pink: MYTAY
|Central and Eastern Europe|
|Kerstin Günther (Chairwoman)|
Christopher Mattheisen (CEO)
|Products||Fixed Telephony, Mobile Telephony, Broadband Internet, IT Services, Networking Solutions, Digital TV|
|Revenue||US$ 2.698 billion (2012)|
|US$ 263.7 million (2012)|
|US$ 203.86 million (2012)|
|Total assets||US$ 4.702 billion (2012)|
|Total equity|| US$ 2.320 billion (2012)|
(on 225.1 USD/HUF)
Number of employees
|Parent||Deutsche Telekom (59.21% of shares)|
Magyar Telekom Nyrt. ("Hungarian Telekom Plc."; full legal name: Magyar Telekom Távközlési Nyilvánosan Működő Részvénytársaság, "Magyar Telekom Telecommunications Public Limited Company") is the largest Hungarian telecommunications company. The former monopolist is now a subsidiary of Deutsche Telekom (in 59.21% of shares). Until 6 May 2005, it was (and informally still is) known as MATÁV (Magyar Távközlési Rt. - Hungarian Telecommunications PLC.). The company was formed under the name of Magyar Távközlési Vállalat (Hungarian Telecommunications Enterprise) in December 1989, when Magyar Posta (Hungarian Post) was split to three separate enterprises. On 31 December 1991, the company was re-structured as a Public Limited Company, as Magyar Távközlési Rt., and the company remained in 100% state ownership until the end of 1993. On 1 July 1993, the Telecommunications Act came into effect, and now it was possible to privatise the company. A consortium was formed by Deutsche Telekom and Ameritech International, which was named MagyarCom, and bought into the company a share of 30.1% for a price of 875 million USD.
On 31 December 1989, after becoming one of the three sections of the Hungarian Post service area, then in 1990 established state of the Hungarian Telecommunications Company (Matáv) was founded in 1991 on 31 December as a telecommunications operator Magyar Telecom Rt., The abbreviated name Matáv. The company remains 100% owned by the state until the end of the 1993rd Entered into force on 1 July 1993, the Telecommunications Act,  which is classified as a service concession to the public telephone, mobile telephone, paging and public service. Matáv, out of the privatization tender with the aim of acquiring and purchasing shares of Matáv's national telephone concession. In 1993, a contract was concluded on 22 December, whereby Matáv became the owner of 30.1% of Deutsche Telekom and Ameritech International telecommunications companies, MagyarCom Consortium, a $875 million cost. After the concession tender in February 1994 were born in the local telecom companies. Matáv's service area Hungary about 70% of the territory and 72% of the population covered 36 primary areas covered, where Matáv provided local telephone service. During the privatization process MagyarCom in the Matáv it acquired a majority stake. Under the contract signed on 22 December st 1995. The effect of the two companies forming a consortium of property of $852 million to 67.3% in so Matáv's privatization was in Central and eastern Europe's largest privatization so far, and at the same time the largest foreign investment in Hungary.
Magyar Telekom Group covers three business areas: wireline services, mobile communications, services provided to business customers. The further members of the Magyar Telekom Group in Hungary are the following:
- T-Home (fusion of T-Com, T-Online, and T-Kábel)
- T-Mobile (formerly Westel 900, later Westel)
- T-Systems (formerly Matáv Üzleti Szolgáltatások Üzletág)
The Magyar Telekom Group’s strategy is to strengthen its footprint in the southeastern European telecommunications market. By the end of 2006 the telecom held substantial shares in companies:
- Makedonski Telekom – Macedonia
- T-Mobile Macedonia – Macedonia
- Crnogorski Telekom – Montenegro
- T-Mobile Crna Gora (formerly MoNet)
- Combridge – Romania
NGN based developments
Magyar Telekom have been working on several subjects, one of them is the ENUM (E.164 NUmber Mapping) project. In the frame of the project is elaborated such a pilot ENUM system, which allows assigning ENUM identifiers to users and accessing the ENUM users at several, different addresses. A web-based GUI (Graphical User Interface) is provided both for the administration and the managing of user profiles. Many investigations in the signaling protocols of 3G mobile networks are made to amalgamate geographical mobility and dynamically distributable relatively high bandwidth with the wide range of next-generation services. In the field of IP telephony services and applications they have already implemented the integration of hardware-based telephones. They have elaborated such a QoS measuring method, with the help of which the quality of the VoIP (Voice over IP) service can be tested and measured on a relative scale, and the given test results can be compared.
A special case of mobility is the so-called nomadic mobility, when the user, who is on the move, is not connected to the network. An average laptop user can hardly concentrate on his work, while he is on the way. He needs network connection only when he stopped and can pull out his laptop from his bag. For instance, such typical places of temporary, nomadic presence are the public WLAN hotspots located in airports or cafeterias, or connection points made available by companies for their business partners visiting them. In the course of our developments Magyar Telekom have been analyzing the possibilities of providing VoIP connection for such "wandering" subscribers.
Magyar Telekom has already announced its new WiMax technology based service. In the interest of it, they have created a test environment on which the system integration and functional tests can be carried out prior to general rollout.
The traditional twisted copper pair continues to be a determinant element of access networks. Systems of the past have been improved in efficiency through numerous innovations and the appearing newer and newer technologies offer further possibilities for the providers. In the frame of this research we have been analyzing the possibilities of new generation xDSL technologies (ADSL2, ADSL2+, SHDSL, VDSL2). Achievable bandwidth, reachable distance, and the triple-play features of equipment are in the focus of the tests. Moreover, we carry out analyses and measurements to identify the conditions of system integration of DSLAM-s with Ethernet uplink. The purpose of the research works is to enable for Magyar Telekom to determine already in the early phase of technological developments those solutions that can provide broadband access for the future's advanced services.
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In high-speed (10, 40 Gbit/s) DWDM systems, especially in pure optical networks, the optimum location of the optical amplifiers and the dispersion compensating elements to a great extent influences the performance (throughput) capabilities of the network. At the same time, an exact and accurate calculation method giving the optimum for the location based on the physical parameters of the network and the active elements, is not yet available. The R&D theme has the purpose to explore the mentioned interrelations and through practical measurements to verify and correct the theoretical results. In the frame of this research work we are searching for those practicable calculation and dimensioning methods that can be manufacturer, vendor, or system independently applied for the "physical" networks.
In July 2017 T-Systems Hungary, a wholly owned subsidiary of Magyar Telekom, launched an online ticket service for BKK, the unified transport operator of Budapest, Hungary. Reportedly the application contained multiple security bugs. T-Systems Hungary reported online attacks on the application to the local authorities. One major bug was reported to BKK by an 18-year-old student, who then was detained by the police in the middle of the night causing public outcry, as it turned out that the detention was ordered following the report by T-Systems. Tens of thousands of comments and negative ratings flooded both the social media pages of T-Systems and BKK.
- "Annual Report 2012" (PDF). Magyar Telekom. Retrieved 30 May 2013.
- Márai, László (24 July 2017). "18 year old guy arrested for reporting a shamefully stupid bug in the new Budapest e-Ticket system".
- "Éjjel elvitték a rendőrök a BKK e-jegyének hibáit feltáró fiatalt".
- Péter, Magyari (21 July 2017). "Éjszaka elvitték a rendőrök a 18 éves fiút, aki szólni merészelt a BKK-nak, hogy szar a webjegye". 444.