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Vodafone Hungary Acquisition Finalised

4iG Nyrt. is a regional ICT/telecoms group, based in Hungary and focused on two core areas: telecoms and infrastructure, and investments in the West Balkans; and IT services. 4iG has finalised the agreement to buy a majority stake in Vodafone Hungary, with deal completion expected by the end of the month. According to Edison Group, this will make the company the largest fixed broadband and internet TV provider and second-largest mobile operator in Hungary. Including this deal, 4iG will have made acquisitions worth c €3bn over the last 18 months as it has built out its position as a converged telecom operator in Hungary and the West Balkans and the leading IT services provider in Hungary.

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