Antenna Hungaria privatization gets green light
 

Friday, October 29, 2004

The Hungarian government has given the green light to the privatization of
national telecommunications and broadcasting company Antenna Hungaria Rt
(AH) in an open tender. According to press reports, six foreign investors
have expressed interest in taking part in the privatization tender: France's
Telediffusion de France, Portugal's Portugal Telecom, Retevision of Spain,
Italy's Telespazio, the Czech Republic's Ceske Radiokomunikace, and venture
capital firm Advent International.

AH operates the shortwave transmitters in Hungary. In two days' time, the
Székesfehérvár site will be closed and the two 100kW transmitters and
antennas will be dismantled and moved to the other Hungarian site at
Jászberény. The work is expected to take around six months, and in the
meantime some of Radio Budapest's shortwave transmissions will be broadcast
through rented facilities at Rimavská Sobota in Slovakia.

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