Magyar Telekom traded at 2,600.00 this Wednesday July 15th, decreasing 26.00 or 0.99 percent since the previous trading session. Looking back, over the last four weeks, Magyar Telekom lost 3.85 percent. Over the last 12 months, its price rose by 46.56 percent. Looking ahead, we forecast Magyar Telekom to be priced at 2,575.27 by the end of this quarter and at 2,363.49 in one year, according to Trading Economics global macro models projections and analysts expectations.
Magyar Telekom Tavkozlesi Nyrt is engaged in providing fixed line and mobile telecommunication services for public and business customers. The Company's segments include Telekom Hungary, T-Systems, Macedonia and Montenegro. Its Telekom Hungary segment operates in Hungary providing mobile and fixed line telecommunications and television distribution and energy retail services to residential and small businesses customers under the Telekom (T) brand, and also provides wholesale services to local companies and operators. Its T-Systems segment operates in Hungary providing mobile and fixed line telecommunications, info communications and system integration services, which are offered under the T-Systems brand to business partners, including corporate customers and public sector. Its Macedonia and Montenegro segments provide mobile and fixed line telecommunications operations in Macedonia and Montenegro.