Magyar Telekom
Magyar Telekom is a Hungarian telecommunications company providing mobile, fixed-line, and internet services to residential and business customers. It operates as a subsidiary of the German telecommunications conglomerate Deutsche Telekom.
Brand Identity Data
HQ Country
Hungary
HQ City
Budapest
Founded
1991
EU Headquartered
Yes
EU Manufactured
No
Ownership Type
public
Stock Exchange
Budapest Stock Exchange
Tax Domicile
HU
Ultimate Parent
Deutsche Telekom AG
Data Hosting
HU
CLOUD Act Exposure
No ✓
GDPR Status
compliant
Carbon Neutral
true
B Corp Certified
No
Supply Chain
partial
Repair / Recycling
Yes ✓
Ethical Certifications
None verified
Verified on October 15, 2026
Corporate Lineage
1991
Establishment
Magyar Távközlési Vállalat was established as a state-owned enterprise.
1997
Privatization and Listing
The company was privatized and listed on the Budapest and New York Stock Exchanges.
2006
Rebranding
The company officially rebranded to Magyar Telekom to align with Deutsche Telekom's branding.