| Business Summary | | MATAV,
Hungarian
Telecommunications
Co.
Ltd.
is
a
provider
of
fixed-line
telecommunications
services
in
Hungary,
with
approximately
2.9
million
fixed-access
lines
at
December
31,
1999.
Through
its
two
mobile
telecommunications
subsidiaries,
Westel
900
and
Westel
450,
the
Company
is
also
a
Hungarian
mobile
telecommunications
services
provider,
with
over
940,000
mobile
subscribers
(including
users
of
prepaid
cards)
at
December
31,
1999.
The
Company's
fixed-line
telecommunications
services
consist
of
local,
long
distance,
international
and
other
telecommunications
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MATAV
is
the
principal
provider
of
telecommunication
services
in
Hungary.
The
company
provides
telephone,
data
transmission,
and
mobile
telecommunication
services.
For
the
three
months
ended
3/01,
revenues
rose
22%
to
HUF128.55
billion.
Net
income
before
U.S.
GAAP
fell
25%
to
HUF15.09
billion.
Revenues
benefited
from
increased
international
activity
due
to
the
acquisition
of
MakTel.
Net
income
was
offset
by
increased
personnel
and
goodwill
amortization
charges. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
134,766;
after
tax
earnings
were
27,033. (Preliminary; reported in millions of Forint.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Elek Straub | Chairman
and CEO | Klaus Hartmann | CFO,
Director | William Edwards | Director
and Exec. Officer | Mark Von Lillenskiold | Director
and Exec. Officer | Ulrich Schaumann | CTO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|