MVM Net, which provides critical availability telecommunications services primarily within the MVM Group as well as to state and wholesale customers, will change its name to AH NET Távközlési.
The acquisition in the form of an in-kind contribution, part of a consolidation of the state-owned ICT portfolio, will allow Antenna Hungaria to meet its customers' needs "at a more advanced level and with higher quality," the companies said.
It will also be able to "respond more effectively" to changes in the telecommunications market with its broader portfolio of services, they added.
Antenna Hungaria is the sole provider of terrestrial digital television broadcasting and analog radio broadcasting in Hungary; it also holds a 25% stake in Telenor Hungary.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
