Dow Jones Newswires, quoting Hungarian business daily Napi Gazdasag, reports that a group of three state-owned companies are forming a consortium in a bid to become the fourth operator in the domestic mobile market. The article claims that the consortium includes postal operator Magyar Posta, power utility MVM and development bank MFB. Magyar Posta will apparently control 10% of the new consortium, with the other two firms each holding 45% stakes
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OVETEL State-backed consortium to enter Hungarian mobile market, report says
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