MTel to delist from NYSE, paper says

8 Jun 2010

Hungary’s dominant telecoms operator Magyar Telekom (MTel) plans to delist its shares from the New York Stock Exchange (NYSE), while remaining listed on the Budapest bourse, a report in the Hungarian business weekly Figyelo says without citing sources. Dow Jones Newswires adds that MTel’s majority shareholder Deutsche Telekom, which holds 59.2% of the telco, will also delist from the NYSE.

Hungary, Magyar Telekom