Investor Releases
Regulator publishes draft resolutions on Magyar Telekom’s reference offers
Budapest, June 20, 2008
Magyar Telekom (Reuters: NYSE: MTA.N, BÉT: MTEL.BU and Bloomberg: NYSE: MTA US, BÉT: MTELEKOM HB), the leading Hungarian telecommunications service provider today announced that the Board of the Hungarian National Regulatory Authority (NRA) has published its draft resolutions concerning the new reference offers applicable retrospectively from May 1, 2008. The final resolutions are expected to be published by the end of August 2008.
The
impact of the new draft interconnection fees published by the NRA is estimated
at an average 26% decrease in tariffs compared to previous levels. The table
below sets out the new and previous per minute interconnection
rates excluding VAT:
| IC traffic services HUF/min | Peak – new | Off peak – new | Peak – old | Off peak – old |
| Local origination fee | 1.38 | 0.81 | 2.08 | 1.21 |
| Regional origination fee | 1.84 | 1.08 | 2.58 | 1.50 |
| National origination fee | 1.97 | 1.16 | 2.94 | 1.70 |
| Local termination fee | 1.38 | 0.81 | 1.79 | 1.04 |
| Regional termination fee | 1.84 | 1.08 | 2.29 | 1.32 |
| National termination fee | 1.97 | 1.16 | 2.63 | 1.52 |
The table below sets
out the new and previous reference unbundling and local bitstream access offer
fees excluding VAT:
| HUF | New fees (draft resolution) | Old fees |
| Local loop unbundling monthly fee | 1,922 | 2,399 |
| Partial local loop unbundling monthly fee | 664 | 1,289 |
| Local bitstream access monthly fee | 1,591 | 3,323 |
This
investor news contains forward-looking statements. Statements that are
not historical facts, including statements about our beliefs and
expectations, are forward-looking statements. These statements are
based on current plans, estimates and projections, and therefore should
not have undue reliance placed upon them. Forward-looking statements
speak only as of the date they are made, and we undertake no obligation
to update publicly any of them in light of new information or future
events.
Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Report on Form 20-F for the year ended December 31, 2007 filed with the U.S. Securities and Exchange Commission.