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KPN and HTCC sign agreement over PanTel

6 May 2004

Netherlands-based KPN has signed a contract with Hungarian Telephone and Cable Corporation (HTCC) over the sale of the former’s 75.2% stake in fixed line operator PanTel. The transaction is unlikely to go ahead before the end of the year, and is currently awaiting approval from several institutions.

Hungary, Invitel (part of DIGI), KPN, PanTel

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