Editing Magyar Telekom (section)

{{Short description|Hungarian telecommunications service}}
{{Use dmy dates|date=August 2020}}
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{{Advert|date=August 2022}}
{{Primary sources|date=August 2022}}
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{{Infobox company
| name = Magyar Telekom Nyrt.
| logo = Deutsche Telekom 2022.svg
| logo_size = 150px
| type = [[Public company|Public]] [[Subsidiary]]
| traded_as = {{BPSE|MTELEKOM|isin=HU0000073507}}<br />''[[BUX]] Component<br />[[CETOP20]] Component''
| industry = [[Telecommunications]]
| location_city = [[Budapest]]
| location_country = [[Hungary]]
| foundation = 
| area_served = Central and Eastern Europe
| key_people = [[Rékasi Tibor]] (CEO)
| products = [[Landline|Fixed Telephony]], [[Mobile phone|Mobile Telephony]], [[Broadband Internet]], [[Information technology|IT Services]], [[Telecommunications network|Networking Solutions]], [[Digital TV]]
| revenue = HUF 746,669 million (2022)
| operating_income = HUF 109,178 million (2022)
| net_income = HUF 62,954 million (2022)
| assets = HUF 1,456,417 million (2022)
| equity = HUF 734,776 million (2022)
| num_employees = 6,711 (2022)
| parent = [[Deutsche Telekom]] (61.39%)
| subsid = [[Makedonski Telekom]]
| homepage = {{URL|www.telekom.hu/}}
}}
[[File:Magyar Telekom HQ t07.tif|thumb|300x300px|Headquarters of Magyar Telekom in [[Budapest]]]]
[[File:Rrobert-Hauber-dr.png|thumb|266x266px|Dr. Robert Hauber, Chairperson of Magyar Telekom's Board since April 2017]]
[[File:Rékasi Tibor Magyar Telekom vezérigazgató.jpg|thumb|299x299px|Tibor Rékasi, Magyar Telekom's Chief Executive Officer]]
'''Magyar Telekom [[List of legal entity types by country#Hungary|Nyrt.]]''' (officially ''Magyar Telekom Távközlési Nyilvánosan Működő Részvénytársaság, Magyar Telekom Telecommunications Public Limited Company''<ref>{{Cite web |title=The Registration Court registered the merger of Magyar Telekom and T-Mobile Hungary |url=https://www.telekom.hu/about_us/press_room/press_releases/2006/february_28 |access-date=2022-08-15 |website=Magyar Telekom |language=en}}</ref> {{Literal translation|Hungarian Telecom Telecommunications Public Limited Company}}) is one of the leading Hungarian telecommunications service provider company. It is a subsidiary of [[Deutsche Telekom]].<ref>{{Cite web |title=Ownership structure |url=https://www.telekom.hu/about_us/investor_relations/magyar_telekom_shares/ownership_structure |access-date=2022-08-15 |website= |language=hu}}</ref>

Magyar Telekom provides a full range of telecommunications and information communication (ICT) services to private individuals as well as small, medium and large corporate customers, including landline and mobile phone, data transfer and non-voice based, as well as IT and system integration services uniformly under the Telekom brand. Magyar Telekom is connected to the lives of its customers by millions of threads, telephone, internet, TV and IT: it has a high-quality, reliable and uniquely wide range of services in all areas. Magyar Telekom Nyrt. is the 100% owner of Telekom Regszerintegració Zrt., as well as the majority owner of Makedonski Telekom, the leading integrated service provider in North Macedonia.


Until 6 May 2005, it was known as Matáv (''Magyar Távközlési Rt.'' – Hungarian Telecommunications PLC). The company was formed under the name of ''Magyar Távközlési Vállalat'' (Hungarian Telecommunications Enterprise) in December 1989, when ''[[Magyar Posta]]'' (Hungarian Post) was split into three separate enterprises. On 31 December 1991, the company was re-structured as a [[public limited company]] as ''Magyar Távközlési Rt..'' On 1 July 1993, the Telecommunications Act came into effect, making it possible to privatize the company. The company remained 100% state owned until the end of 1993.  At this point, a [[consortium]] was formed between Deutsche Telekom and [[Ameritech]], which was named MagyarCom. MagyarCom bought a company share of 30.1% for a price of US$875 million.