Location of MTel HQ undecided

Telco

Magyar Telekom, the Hungarian subsidiary of German telecoms giant Deutsche Telekom, is considering relocating all of its bases in Budapest under a single roof, but has still not made a decision on the matter, the company told Hungarian news ageny MTI yesterday.

Hungarian online daily napi.hu said that the company would build a new headquarters and that parent company Deutsche Telekom's board could decide on the almost HUF 40 bln investment on Thursday. Magyar Telekom said it is continuously evaluating ways to boost operating efficiency and support staff cooperation.

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