Magyar Telekom Sells Spectrum to Yettel, Signs 2G Access Deal

Hungarian operator Magyar Telekom has announced the signing of two key agreements with Yettel Hungary, aimed at streamlining radio frequency usage and enhancing service efficiency. Magyar Telekom shared these updates in an investor announcement on Wednesday.

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Also Read: Magyar Telekom and Hungarian Government Renew Commitment to Digital Transformation

Transfers Frequency Block to Yettel

In the first agreement, Magyar Telekom agreed to transfer the usage rights of a 2×5 MHz frequency block in the 2100 MHz band to Yettel. This frequency, originally acquired in December 2018, is valid until June 2027 and will be sold at its book value.

The transaction awaits approval from the National Media and Communications Authority and is not expected to impact Magyar Telekom’s customer service, the company said.

Also Read: Yettel Hungary Launches Standalone 5G Network for Consumers

2G Mobile Access Agreement

Additionally, Magyar Telekom signed a 2G mobile access agreement with Yettel, effective from January 1, 2026. This agreement allows Magyar Telekom to handle 2G traffic via Yettel’s network, enabling more efficient use of spectrum and energy.

This move is intended to optimise spectrum and energy efficiency, freeing up resources for the expansion of Magyar Telekom’s 4G and 5G services.

The company noted that these agreements are expected to have minimal financial impact.