Vodafone closed the purchase of a 51% stake in Vodafone Hungary on January 31, 2023.

It raised its stake in the telco to 70.5% through a share swap on March 20.

The acquisition secured substantial mobile market shares for 4iG in Hungary while also strengthening its position in fixed telephony, fixed broadband and TV services.

It is now the runner-up in the mobile and fixed telephony markets and the leader in fixed broadband and TV services.