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Article: Hungarian telco watchdog demands that Magyar Telekom calls AGM without delay.
- Article from:
- Hungary Business News
- Article date:
- July 25, 2006
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Hungarian telco watchdog demands that Magyar Telekom calls AGM without delay
BUDAPEST. JULY 25. INTERFAX CENTRAL EUROPE - Hungarian financial market watchdog PSZAF has called on Magyar Telekom, the country's dominant telecom firm and a unit of Germany's Deutsche Telekom, to call an AGM without delay, at the same time slapping a fine on the company for failing to comply with relevant laws.
"PSZAF has levied a HUF 6 mln fine on Magyar Telekom, and warned the firm to comply with all laws regarding its obligation to regularly inform investors," PSZAF said in a statement on Tuesday.
Magyar Telekom's auditor has failed to approve the firm's audited ...