Magyar Telekom made a decision on the legal merger of T-Kábel Magyarország Ltd. (T-Kábel) and Dél-Vonal Ltd. into Magyar Telekom Plc at its Extraordinary General Meeting on June 29.
The decision of the General Meeting represents a new step in the process of integration of the Magyar Telekom Group, which is focusing on improving service quality and increasing efficiency.
At the Extraordinary General Meeting held today Chairman-CEO Christopher Mattheisen briefed shareholders on the issues relating to the merger of T-Kábel and Dél-Vonal into Magyar Telekom. The General Meeting subsequently accepted the reports submitted in writing by the executives of the companies and assessed by the Supervisory Board, which underlined the necessity of the merger from the legal and economic aspects.
