Magyar Telekom offloads niche wireless network Pro-M to state-run firm

29 Aug 2012

Hungarian incumbent telco Magyar Telekom, a subsidiary of Deutsche Telekom, has agreed to sell its 100%-owned niche wireless network operator Pro-M for USD89 million to a government-owned firm, National Infocommunications Service Co, reports Reuters. Pro-M operates a professional mobile radio network used mainly by emergency services.

Hungary, Magyar Telekom