Hungarian operator Magyar Telekom has introduced the signing of two key agreements with Yettel Hungary, aimed toward streamlining radio frequency utilization and enhancing service effectivity. Magyar Telekom shared these updates in an investor announcement on Wednesday.
Additionally Learn: Magyar Telekom and Hungarian Authorities Renew Dedication to Digital Transformation
Transfers Frequency Block to Yettel
Within the first settlement, Magyar Telekom agreed to switch the utilization rights of a 2×5 MHz frequency block within the 2100 MHz band to Yettel. This frequency, initially acquired in December 2018, is legitimate till June 2027 and shall be offered at its guide worth.
The transaction awaits approval from the Nationwide Media and Communications Authority and isn’t anticipated to impression Magyar Telekom’s customer support, the corporate stated.
Additionally Learn: Yettel Hungary Launches Standalone 5G Community for Customers
2G Cellular Entry Settlement
Moreover, Magyar Telekom signed a 2G cellular entry settlement with Yettel, efficient from January 1, 2026. This settlement permits Magyar Telekom to deal with 2G visitors through Yettel’s community, enabling extra environment friendly use of spectrum and power.
This transfer is meant to optimise spectrum and power effectivity, releasing up sources for the growth of Magyar Telekom’s 4G and 5G companies.
The corporate famous that these agreements are anticipated to have minimal monetary impression.
