HTCC had EBITDA of $50.6 million in 2005, 62% more than in 2004. HTCC mainly operates in Hungary. Its local units include Hungarotel Rt, PanTel Rt, and PanTel TechnoCom Kft, to which Hungarian oil and gas company Mol Rt has outsourced its telecommunication services. Through PanTel, HTCC also owns 90% of a unit in Romania and 100% of units in Slovenia, Slovakia, Austria, Serbia and Bulgaria.
Denmark’s TDC owns 63% of HTCC, and the rest is held by small investors. HTCC’s shares are traded on the AMEX.
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.
