Tamas Vagany

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.

The Group's principal activity is to provide fixed line telecommunications networks in Hungary and wholesale data and capacity services as well as voice transmit services throughout Central and Eastern Europe. The Group operates in four markets. Mass Market Voice provides full range of basic and value-added voice-related services to residential and small office and home office customers both inside and outside historical concession areas. Mass Market Internet provides DSL broadband and dial-up Internet services. Business provides fixed line voice, data and Internet services to business, small and medium-sized enterprises, government and other institutional customers nationwide. Wholesale provides voice, data and network capacity services on a wholesale basis.