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Business Telecom submits listing prospectus

Hungary's Business Telecom has submitted a prospectus for the listing of its shares on the Budapest Stock Exchange to financial market regulator PSzÁF.

Business Telecom is already present on the bourse as an issuer of corporate bonds.

Business Telecom had net profit of HUF 20 million on sales revenue of HUF 638 million in the first half of 2011, its latest report shows. The company had total assets of HUF 1.45 billion on June 30, 2011.