About Magyar Telekom
Magyar Telekom is a publicly listed company based in Budapest (Hungary) founded in 1991. Internet, television, and mobile network services are provided in Hungary. The company has 6,700 employees. Magyar Telekom has completed 3 acquisitions, including CompArgo, KFKI and Orbitel. Its website telekom.hu draws about 5.4 million monthly visits. Its focus areas include Telecom, Telecom Operators and Cellular.
Company details
Magyar Telekom was established in 1991 and is headquartered in Budapest, Hungary. As the leading telecommunications provider in the country, operations focus on fixed and mobile services, data communication, non-voice offerings, and IT systems integration within the ICT sector. A 59.5 ownership stake is held by Deutsche Telekom, supporting nationwide service delivery.
- Headquarters Budapest, Hungary
- Employees 6,700
- Stage Public
- SectorsTelecommunications
- Website category Computers Electronics and Technology · Telecommunications
- Website telekom.hu/lakossagi
- Social LinkedIn X Facebook
- Legal Name Magyar Telekom Telecommunications Plc
- Annual Revenue$3 B (USD)1.7as on Dec 31, 2025
- Net Profit$635.9 M (USD)32.09as on Dec 31, 2025
- EBITDA$1.25 B (USD)14.66as on Dec 31, 2025
- Latest Funding Round$44.2M (USD), Grant
Sep 2016
- Investors
- Employee Count6,700
- Investments & AcquisitionsCompArgo
& 2 more
Funding Insights of Magyar Telekom
- Total Rounds 2
- Last Round Grant — $44.2M
- First Round $1.98M
(Jul 2002)
- Investors Count 1
All 2 funding rounds of Magyar Telekom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $44.2M | Grant | – | – | |
| Jul 2002 | $1.98M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Magyar Telekom
Magyar Telekom has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Magyar Telekom
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Magyar Telekom
134 people are tracked at Magyar Telekom (28 in leadership, 6 in board & advisors, 100 in team); the tracked headcount is 6,700.
| Name | Role | Group |
|---|---|---|
Marietta Szinyei-Ihász | Product Management And Commercial Strategy Director | Leadership |
Tibor Rékasi | Chief Executive Officer | Leadership |
Zoltán Szalay | Chief Product Owner | Leadership |
Gyorgy Szilagyi | Transport Networks Tribe Lead (aka Director) | Leadership |
Zoltán Pereszlényi | Chief Commercial Officer | Leadership |
László Foica | Head Of Business Intelligence And Master Data Management Team | Leadership |
Gábor Gonda | Chief Commercial Officer Enterprise | Leadership |
Ákos Buzás | Head Of Data Science & Visualization Center Of Expertise | Leadership |
Balazs Sziladi | Head Of Artificial Intelligence | Leadership |
Krisztina Kovacs | Enterprise HR Business Partner Lead | Leadership |
Anita Farkas | Senior HR Business Partner | Leadership |
Gábor Bódi | Enterprise Sales Director | Leadership |
Agnes Sziget | Talent Experience Coe Lead (head Of Employer Branding, Recruitment & Talent Management) | Leadership |
Lajos Bicsak | Head Of Service Quality Monitoring | Leadership |
Jozsef Kerekes | Technology Presales&consulting Director | Leadership |
Michal Bobovsky | Financial Advisor Technology Unit - Tribe Lead (vp) | Leadership |
Peter Bencsik | Head Of The Business Customer Care Branch | Leadership |
Peter Nagy | Chief Technology And IT Officer | Leadership |
Kornél Dankházi | Head Of DT International REM Center Of Expertise | Leadership |
Laszlo Horvath | Chief Product Owner | Leadership |
114 more people are available in the full profile.
Complete people profiles for Magyar Telekom
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of Magyar Telekom
Magyar Telekom is a publicly listed company on the BET with ticker symbol MTELEKOM in Hungary, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date14 Nov 1997
- Listed onOTCMKTS: OTCMKTS:MYTAY
- Listed entityMagyar Telekom Telecommunications PLC
- Exchange sectorCommunications
- ISINHU0000073507
- Share price2,636.00 HUF (+1.38% on the day) · 2026-10-14
- Market capitalisation2,325,949,462,891.00 HUF
- Price to earnings10.9
- EPS (diluted, trailing year)241.29 HUF
- Dividend yield5.92%
- Volume (last session)192,007
Financials of Magyar Telekom
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 983.94B HUF | 208.44B HUF | 409.34B HUF |
| 2024 | 967.48B HUF | 157.80B HUF | 357.01B HUF |
| 2023 | 849.37B HUF | 78.95B HUF | 282.11B HUF |
| 2022 | 746.67B HUF | 62.95B HUF | 239.72B HUF |
| 2021 | 692.85B HUF | 59.00B HUF | 236.81B HUF |
Detailed financial statements for Magyar Telekom
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Magyar Telekom
Magyar Telekom has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CompArgo, KFKI and Orbitel.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
IT consulting services are provided to clients in Hungary. | kfkizrt.hu | Budapest, Hungary | 2008 | Jun 2006 | $45.41M | |
Telephone and internet services are provided across Bulgaria. | orbitel.bg | Sofia, Bulgaria | 1997 | Feb 2006 | •••• | |
Provider of bespoke software development, telecom cost optimization, and office building IT services | compargo.hu | Budapest, Hungary | 1993 | Jun 2000 | •••• |
Complete acquisition details for Magyar Telekom
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of Magyar Telekom
7 dated milestones of Magyar Telekom across 25 years, from founding to its latest funding, stage changes and deals.
Web traffic of Magyar Telekom
The website of Magyar Telekom (telekom.hu) receives about 5.4M visits a month and ranks #9,128 among all websites worldwide, #1,270 in Telecommunications.
- Monthly visits5.4M
▼ 0.8% vs previous month
- Unique visitors1.7M
per month
- Global rank#9,128
among all websites
- Category rank#1,270
Computers Electronics and Technology · Telecommunications
- Bounce rate34%
- Pages per visit5.1
- Average visit3 min 46 sec
- DevicesDesktop 31% · Mobile 69%
Websites whose visitors overlap most with Magyar Telekom. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
one.hu | one.hu | 100% | #13,340 | – | |
telenet.hu | telenet.hu | 77% | #756,415 | – | |
t-home.hu | t-home.hu | 74% | #4,091,830 | – | |
| facebook.com | 61% | 12.1B | #3 | View details | |
| google.com | 61% | 85.8B | #1 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Magyar Telekom
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- 40 similar websites
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Related news about Magyar Telekom
Complete news archive for Magyar Telekom
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Frequently Asked Questions about Magyar Telekom
Magyar Telekom was founded in 1991 and raised its 1st funding round 11 years after it was founded.
Magyar Telekom is headquartered in Budapest, Hungary.
Magyar Telekom has 6,700 employees.
Annual revenue of Magyar Telekom is $3B as on Dec 31, 2025.
Magyar Telekom was established in 1991 and is headquartered in Budapest, Hungary. As the leading telecommunications provider in the country, operations focus on fixed and mobile services, data communication, non-voice offerings, and IT systems integration within the ICT sector. A 59.5 ownership stake is held by Deutsche Telekom, supporting nationwide service delivery.
Yes, Magyar Telekom is publicly traded on BET under the ticker symbol MTELEKOM.
Magyar Telekom has 1 investor. Key investors include European Union.
The website of Magyar Telekom receives about 5.4 million visits a month and ranks #9,128 among all websites worldwide.