Press Releases

Law suit against Magyar Telekom

Budapest, August 14, 2009 08:15

Magyar Telekom announces that on July 29, 2009 two Hungarian minority shareholders filed a law suit against the Company again. Magyar Telekom disagrees with the claim and will vigorously defend against it.

Magyar Telekom announces that on July 29, 2009 two Hungarian minority shareholders filed a law suit against the Company again, this time requesting the Court to render ineffective the resolutions passed by the general meeting on June 29, 2009, and the suspension, as an interlocutory measure, of the implementation of resolutions no. 8-10/2009 (VI. 29.) on the approval of the sum due to the shareholders who did not wish to remain shareholders following the merger of two subsidiaries into the Company decided at the general meeting and the resulting opening draft balance sheet and draft merger inventory. Magyar Telekom disagrees with the claim and will vigorously defend against it.