Press Releases

Budapest, February 22, 2005 13:00

Today, Matáv's Extraordinary General Meeting approved the decision of the Board of Directors on changing the name of Matáv to Magyar Telekom.

The General Meeting heard the information of Chairman and CEO Elek Straub on the changing of the company's name and brand strategy, then took a decision on renaming. In compliance with the resolution of the General Meeting, the company's full name will be Magyar Telekom Távközlési Részvénytársaság (Magyar Telekom Telecommunications Company Ltd.) and its abbreviated name will be Magyar Telekom Rt.

The Articles of Association have to be modified because of the change of the full and abbreviated names of the company, therefore the General Meeting also took a decision on the amendment of the relevant sections (1.1 and 1.2) of the company's Articles of Association.