Brief: Magyar Telekom ends talks about sale of T-Systems to IT firm 4iG

4ig.

10/12/2019 17:07

Dec 10 (Reuters) - Magyar Telekom Tavkozlesi Nyrt  MTEL.BU :
    * MAGYAR TELEKOM SAYS IT HAS TERMINATED TALKS WITH HUNGARIAN
IT
COMPANY 4iG ABOUT THE SALE OF T-SYSTEMS HUNGARY TO 4iG -
STATEMENT
    * 4IG INITIATED TERMINATION OF TALKS - MAGYAR TELEKOM SAYS
    * T-SYSTEMS WILL CONTINUE TO BE PART OF MAGYAR TELEKOM GROUP
    * MAGYAR TELEKOM AND 4IG INTEND TO CONTINUE EXPLORING
COOPERATION
OPPORTUNITIES WITH AIM OF PARTNERING IN SERVICES 

Source text: https://bse.hu/newkibdata/128333992/termination_of_negotiations_10Dec2019_eng.pdf
Further company coverage:  MTEL.BU 

 (Reporting by Krisztina Than)
 ((krisztina.than@thomsonreuters.com))