Does the Hungarian Telecommunication Sector Face Nationalizations?

Politics ♦ Published: March 2, 2013; 11:50 ♦ (Vindobona)

According to rumors, Hungary´s government plans to nationalize the Hungarian subsidiary of the telecommunication operator Vodafone.

Does the Hungarian Telecommunication Sector Face Nationalizations? / Picture: © Vindobona.org

Since 2010, Hungary´s centre-right government has been considering nationalizing strategic economic sectors. Besides the energy and the waste management industry, also the telecommunication sector may become publicly owned.

As the British telecommunication group is not satisfied with the performance of the Hungarian subsidiary, vodafone Hungary may be sold. Besides that,…