HDT snaps up half of Spacecom

Stefan Mileschin · 12th October 2021, 12:04

Providing satellite capacity to a communication services provider

Hungaro DigiTel (HDT), a joint subsidiary of 4iG and Antenna Hungária, has entered into a final agreement with Spacecom to acquire a 51 percent stake in the company.

The $68 million transaction has been on the drawing board since last year is now subject to the approval of the general assembly of Spacecom and the Israeli Ministry of Communication.

4iG president and CEO Gellért Jászai, said: “We look forward to working with Spacecom’s management, which will open up new business opportunities for both companies in the telecommunications and space industries.

https://fudzilla.com/news/53681-hdt-...lf-of-spacecom

12th October 2021, 12:04	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,964	HDT snaps up half of Spacecom Providing satellite capacity to a communication services provider Hungaro DigiTel (HDT), a joint subsidiary of 4iG and Antenna Hungária, has entered into a final agreement with Spacecom to acquire a 51 percent stake in the company. The $68 million transaction has been on the drawing board since last year is now subject to the approval of the general assembly of Spacecom and the Israeli Ministry of Communication. 4iG president and CEO Gellért Jászai, said: “We look forward to working with Spacecom’s management, which will open up new business opportunities for both companies in the telecommunications and space industries. https://fudzilla.com/news/53681-hdt-...lf-of-spacecom

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