The deal will give HTCC a 20 percent share of the Hungarian fixed-line market. For the full details see TDC Subsidiary Buys Invitel.
This is another example of the growing importance of the Eastern European market. (See Russian Vendor Plans $500M IPO.)
TDC is already active in other Central and Eastern European markets -- Austria, Poland, and Lithuania. Click here for more details about TDC's international holdings.
So, is BT genuinely doing really well, or is it setting itself pathetically easy targets? Answers on an electronic postcard, please.
— Ray Le Maistre, International News Editor, Light Reading