Friday, 24 March, 2023

Vodafone agrees to sell its Hungarian unit in deal worth $1.8B

<p>Vodafone has agreed to sell its Hungarian subsidiary to regional rival 4iG and state-owned holding company Corvinus Zrt for $1.8B. Hungary&#39;s second-largest fixed-line and mobile telecom provider would be created as a result of the planned sale. With the addition of 4iG, Vodafone Hungary will be able to significantly contribute to the sector&#39;s future growth and development as a much more powerfully scaled and completely integrated operator.</p>