FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

Report of Foreign Private Issuer

 

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

 

Report on Form 6-K dated July 28, 2008

 

Magyar Telekom Plc.

(Translation of registrant’s name into English)

 

Budapest, 1013, Krisztina krt. 55, Hungary

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F x  Form 40-F o

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes o  No x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-                   

 

 

 

Investor Release

 

Contacts
Szabolcs Czenthe		Magyar Telekom IR		+36 1 458 0437
Krisztina Förhécz		Magyar Telekom IR		+36 1 457 6029
Márton Peresztegi		Magyar Telekom IR		+36 1 458 7382
investor.relations@telekom.hu

 

Magyar Telekom Group acquires cable network in South Hungary

 

Budapest – July 28, 2008 – Magyar Telekom (Reuters: NYSE: MTA.N, BÉT: MTEL.BU and Bloomberg: NYSE: MTA US, BÉT: MTELEKOM HB), the leading Hungarian telecommunications service provider, announces that its 100% owned subsidiary, T-Kábel Magyarország Kft. has signed an agreement to buy the 100% equity stake of Dél-Vonal Kft.

 

Dél-Vonal Kft. owns cable networks in other LTO areas in Békés and Csongrád counties; there are around 3,800 cable TV and 500 cable broadband subscribers on its network. The purchase price of the equity stake is less than half a billion forints and the transaction is expected to close in August 2008.

 

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.

 

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Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

				Magyar Telekom Plc.
				(Registrant)
			By:
				Szabolcs Czenthe
				Director
		M&A Execution and Investor Relations

 

 

Date: July 28, 2008

 

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