Editing Magyar Telekom (section)

=== Deutsche Telekom's majority ===
On 14 November 1997, Matáv share trading began in [[Budapest]] and [[New York City]], placing 26.31% of the shares on the market, which was the largest share subscription ever held in Hungary, making Matáv the first Central European company to be listed on the [[New York Stock Exchange]]. In the summer of 1999, ÁPV Rt. (Hungary's State Privatization Property Agency) sold the last package of shares of Hungary's 5.75%, but still held the [[golden share]].<ref name=":0">{{Cite web|title=Magyar Telekom|url=https://magyarbrands.hu/magyar-markak/magyar-markak-adatlapjai/magyar-telekom/|access-date=23 June 2020|website=magyarbrands.hu}}</ref>

On 3 July 2000, Deutsche Telekom acquired SBC's 50% stake in MagyarCom in compliance of their shareholder agreement. As a result of the change in the ownership structure of MagyarCom, Deutsche Telekom's ownership in Matáv increased to 59.52%, the remaining 40.48% public shareholding, while the golden share was owned by Hungary.<ref name=":0" />