Magyar Telekom (OTCPK:MYTAY) is Hungary's largest telecommunications company. With a market cap of $1.5 billion, Magyar trades in the OTC market. The company provides fixed line and mobile telecommunication services for public and business customers in Hungary and internationally as well as energy services that include electricity and natural gas. They provide voice and non-voice mobile services, including SMS, MMS, internet and data; and fixed line services such as voice, data, internet and TV. Magyar also sells equipment such as telephones, tablets, notebooks and TVs in addition to the wholesale mobile and fixed line telecom services that it provides which includes broadband, leased line, network access and other commercial services. The company offers its services under the T-Mobile,...
Magyar Telekom: T-Mobile Of Hungary Trades At A 35% Discount And Yields 15%
Oct 7 2013, 09:45 | about: MYTAY
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Editor's notes: Magyar's stock has dropped due to confusion and macro issues, but the yield is well-covered and the stock trades at a deep discount to book value, leaving plenty of upside.