The Board of Directors of 4iG has appointed new senior executives in order to integrate Vodafone Hungary and the company’s existing telecommunications portfolio. The executives will be responsible for identifying synergies within the Group and harmonising business operations. From March 1st, Sacha Dudler will join the 4iG Group’s senior management team as Deputy CEO, in […]
Antenna Hungária, a subsidiary of 4iG, Corvinus International Investment, representing the Hungarian State and Vodafone Europe have signed a binding sale and purchase agreement of 100 per cent shares in Vodafone Hungary. The parties have agreed on an Enterprise Value of HUF 660 billion (€1.66bn) which is 7.1 times the EBITDA of the target company […]
Budapest-based 4iG has completed its purchase of 20 percent of Israeli satellite operator Space Communications Ltd (Spacecom) which operates the Amos fleet of satellites. “By Spacecom’s public and private share issue, the Hungarian info-communication company group can acquire a 20 per cent stake in the company. In the next three years, it can be increased […]
Vodafone Group Plc has agreed to sell its Hungarian unit to 4iG Public and Corvinus, a Hungarian state holding company, in a deal worth €1.8 billion. The companies aim to close the acquisition by the end of 2022 subject to regulatory approval. VOIS – Vodafone’s IT and business support venture – is not included in […]
Israeli satellite operator Spacecom, currently in the somewhat slow process of being 51 per cent acquired by Hungary-based communications company 4iG, has altered one of its satellite beams to cover the Indian Ocean and has tapped its first major customer. Spacecom says it is using its AMOS-17 craft and its Ka-band capacity and has secured […]
4iG Group, with a portfolio in both the Hungarian and international telecommunications markets, will start the strategic transformation of its telecommunications companies to better exploit the opportunities for cooperation and synergies in the areas of business operations within the Group through the future integration of the companies. The strategic objective of the 4iG Board is […]
4iG has implemented a second capital increase in Antenna Hungária, whereby the capital market company increased its stake in the telecommunications group to 76.78 percent. The transaction of HUF 132 billion was completed by 4iG through the contribution of the majority stakes in two Albanian telecommunications companies, ALBtelecom and One Telecommunications. The transaction was registered […]
Israel’s communications ministry is delaying – and may ban – the sale of Israel’s Spacecom satellite business. Spacecom operates the AMOS fleet of satellites and was in the process of being sold to a Hungarian company 4iG. Local reports in Israel say the communications ministry have declined to sign off the deal due to concerns […]
4iG is expanding its telecom portfolio in the Western Balkans region, after entering into a definitive sale and purchase agreement to acquire an 80.27 per cent stake in ALBtelecom from Cetel Telecom, a majority-owned subsidiary of Turkey’s Çalik Holding. The Albanian state will continue to exercise its minority ownership rights in the company through the […]
Israel satellite operator Spacecom has a new majority owner in Hungaro DigiTel (HDT). A joint subsidiary of 4iG PLC (75 per cent) and Antenna Hungária (25 per cent), Hungaro DigiTel has entered into a final agreement with Spacecom to acquire a 51 per cent stake in the company. Spacecom, listed on the Tel Aviv Stock […]