Magyar Telekom Plc. provides a range of telecommunication services primarily to residential and business customers in Hungary, Macedonia, and Montenegro. Its services include fixed line and mobile telephony, data transmission, and value-added services. The companyâ€:tm:s fixed line telecommunications services consist of local, long distance, and international telephone, as well as other telecommunications services, including data transmission, PBX, leased lines, payphone, cable television, and Internet services. The companyâ€:tm:s mobile telecommunications services include prepaid and postpaid mobile services. It also provides global system for mobile communications voice telephone services, general packet radio service, multimedia message service, and video streaming. In addition, the company sells telecommunications equipment, as well as offers system integration and information technology related services.
The company was founded in 1991 as Matav Hungarian Telecommunications Company, Ltd. and changed its name to Magyar Telekom Telecommunications Co., Ltd. in 2005. It further changed its name to Magyar Telekom Plc. in 2006. The company is based in Budapest, Hungary. Magyar Telekom Plc. operates as a subsidiary of Deutsche Telekom AG