State Sells Stake In Telco Yettel to Help Buy Budapest Airport
- 20 Dec 2023 7:36 AM
- Hungary Matters
![State Sells Stake In Telco Yettel to Help Buy Budapest Airport State Sells Stake In Telco Yettel to Help Buy Budapest Airport](/binaries/content/gallery/2020-photos/travel/04/budapest-airport-mti-h-szabo-sandor.jpg/budapest-airport-mti-h-szabo-sandor.jpg/xpatloop%3Achannelslarge)
Proceeds from the sale will be used to finance the purchase of Liszt Ferenc International operator Budapest Airport, the ministry said.
The government will continue to play a role in the telecommunications sector through its cooperation pacts with Magyar Telekom and Vodafone as well as Corvinus’s 29.5% stake in Vodafone Hungary, the ministry said.
The ministry did not disclose the sale price.
MTI Photo: Sándor Szabó
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