MTA » Topics » Financial impact

These excerpts taken from the MTA 6-K filed Jan 20, 2005.

Financial impact

 

Deutsche Telekom will bear the direct operational expenses related to the renaming. The cost of the renaming and the reimbursement received from the DT Group will be accounted on a net base thus will not have any effect on Matáv’s revenue and EBITDA guidance. There is no capitalized brand name in the books of Matáv Group subject to the renaming therefore the renaming will not result in any brand name related write-off.

 

The renaming is expected to have a positive impact on Matáv’s operational figures. It will help to build solid brand awareness and contribute to a new brand perception. The renaming will also strengthen

 

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Matáv’s competitive positioning in the Hungarian wireline market while usage will be stimulated by attractive new offers.

 

This investor release contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore should not have undue reliance placed upon on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

 

Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Report on Form 20-F for the year ended December 31, 2003 filed with the U.S. Securities and Exchange Commission.

 

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Financial impact

 

Deutsche Telekom will bear the direct operational expenses related to the renaming. The cost of the renaming and the reimbursement received from the DT Group will be accounted on a net base thus will not have any effect on Matáv’s revenue and EBITDA guidance. There is no capitalized brand name in the books of Matáv Group subject to the renaming therefore the renaming will not result in any brand name related write-off.

 

The renaming is expected to have a positive impact on Matáv’s operational figures. It will help to build solid brand awareness and contribute to a new brand perception. The renaming will also strengthen

 

1



 

Matáv’s competitive positioning in the Hungarian wireline market while usage will be stimulated by attractive new offers.

 

This investor release contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore should not have undue reliance placed upon on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

 

Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Report on Form 20-F for the year ended December 31, 2003 filed with the U.S. Securities and Exchange Commission.

 

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EXCERPTS ON THIS PAGE:

6-K (2 sections)
Jan 20, 2005
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