T-Mobile Hungary Reaches 4 Million Customers

BUDAPEST -(Dow Jones)- Hungary's leading mobile operator, T-Mobile, reached four million customers Wednesday, the company said in a release Thursday.

T-Mobile is a subsidiary of Hungarian telecom leader Matav (MTA), which is majority owned by Deutsche Telekom (DT).

T-Mobile Hungary said it expected a further increase in its customer base, despite a market that is almost fully saturated.

Former mobile operator Westel took the name T-Mobile in June, joining a network of carriers with a total of 103 million subscribers in Europe and the U.S.

In 2004, T-Mobile Hungary added 250,000 subscribers to its network, while the number of contract customers has increased after a long growth in the prepaid customer base.

(END) Dow Jones Newswires "

Posted to the site on 16th December 2004