Talks on the sale of Magyar Telekom’s subsidiary T-Systems to 4iG have been terminated.
According to Budapest Business Journal, the action has been done on 4iG’s initiative, adding that the two companies will continue to explore cooperation opportunities with the aim of partnering in the field of services sold to the public and enterprise segments.
T-Systems will continue to be part of Magyar Telekom group.
As previously reported by Broadband TV News, the sale of T-Systems was announced on the home page of the Budapest Stock Exchange (BÉT) in July this year.