Magyar Telekom, also known as Telekom HU and Matáv, is a privately owned company headquartered in Hungary. A subsidiary of Deutsche Telekom, the company was founded in 1991, operates with approximately 2,770 employees, and reported $2.4B in revenue as of 2024. Functioning as a tier 1 media tech buyer, it specializes in providing telecoms services as a Hungarian telco.
Magyar Telekom held its Annual General Meeting on April 8, 2026, where shareholders received reports from the Board of Directors detailing the company’s management, business operations, business policy, and financial situation for both Magyar Telekom and the Magyar Telekom Group in 2025. The company also announced the resolutions passed during this General Meeting. Earlier, on April 1, 2026, Magyar Telekom reported its number of voting rights as of March 31, 2026.
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Magyar Telekom offers 7 products in the media and telecoms services industry. Magyar Telekom's product portfolio comprises of media and TV services, telecoms and consumer electronics.
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Magyar Telekom's revenues were over $1B in 2024. Caretta Research has split Magyar Telekom's revenue into 7 different product categories, the largest of which is mobile services. For full access to Magyar Telekom's revenue breakdown subscribe to Caretta Portal.
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