Attention – Vodafone Hungary changes name in 2025!
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Shareholders of Vodafone Hungary have cleared the spin-off of its infrastructure activities, owner 4iG said on Tuesday.
From January 1, 2025, the mobile telecommunications infrastructure will operate in the company V-Hálózat, while commercial operations will take place in ONE Hungary.
4iG had announced the launch of a programme to split its commercial activities and infrastructure into separate companies in November 2023.
Additional economic news from today:
- AKK sells HUF 20bn of three-month T-bills at auction, as planned
The Government Debt Management Agency (AKK) sold HUF 20.0bn of discount three-month T-bills at auction on Tuesday, in line with the original offer. Primary dealers bid for HUF 42.1bn of the securities.
Average yield was 5.51pc, 5bp over the secondary market benchmark yield, but 4bp under the yield at the previous auction of the bills one week earlier.
- AKKO Invest board advises against accepting buyout offer
Same name change in New Zealand ….vodafone changed to One New Zealand. Vodafone branding was costing a fortune.
What business or commercial sense does this make?!?!
The Fidesz government bought Vodaphone Hungary putting it in government hands to be better able to spy on Hungarians. There is no other logical reason for them to spend 1.8 billion euros the government doesn’t have. Use T-Mobile. Their service is better and you are less likely to have dictator Orban monitoring you. There is no democracy in Hungary. They will come after you in you oppose the government.
Since it’s government owned, does that mean taxpayers will be on the hook to pay for rebranding?