Press Releases

Budapest, April 14, 2011 12:00

Magyar Telekom announces that its subsidiary, Makedonski Telekom AD - Skopje (MakTel), has reached a decision at its General Meeting on a total dividend payment of MKD 5.95 billion (around HUF 25.8 billion at the April 13, 2011 HUF/MKD exchange rate of 4.34) for the financial year 2010.

According to Macedonian Accounting Standards (MAS), on a standalone basis, MakTel recorded a net income of MKD 5.95 billion for 2010, all of which will be distributed in line with the decision of the General Meeting.

Stonebridge Communications AD Skopje (under liquidation), which is 100% owned by Magyar Telekom, is entitled to a dividend payment of approximately MKD 3.37 billion (HUF 14.6 billion).