Hungarian State
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Magyarország
One of the Most Significant Transactions in the History of Hungarian Telecommunications is Signed
Vodafone to sell Hungary unit for 1.8 bn euros
British telecoms group Vodafone agreed yesterday to sell its Hungarian division to local peer 4iG and state-owned holding company Corvinus Zrt for 1.8 billion euros ($1.8 billion).
The London-listed giant added in a statement that the proposed sale would create Hungary's second largest fixed-line and mobile telecoms operator.
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