Article: Matav and Maktel Comment On Growth Opportunities.

Business Editors

SKOPJE, Macedonia--(BUSINESS WIRE)--April 25, 2001

Matav (NYSE: MTA.N and BSE: MTAV.BU), the leading Hungarian telecommunications service provider, and Makedonski Telekomunikacii (Maktel), the principle Macedonian telecommunications service provider, today hosted a press conference to discuss the progress of their cooperation.

In January 2001, a Matav-led consortium completed the purchase of a 51% interest in Maktel, in a strategic partnership to support the company's successful privatisation and the further development of Macedonia's telecommunications infrastructure.

Elek Straub, Chairman and CEO of Matav, expressed ...

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