The sides agreed to modify the contract pushing the deadline for fulfillment of conditions necessary to close the deal back to February 28, 2022. 4iG announced in October that a binding agreement had been signed under which Hungaro Digitel would acquire the 51% stake in Space-Communication.
Space-Communication operates the AMOS fleet of four geosynchronous satellites, offering broadcast and broadband service. The company had revenue of USD 88 million and EBITDA of USD 52 mln in 2020.
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