Digi has been given the go ahead to purchase Invitel by the Hungarian competition authority, GVH.
However, reports suggest that certain restrictions have been imposed on the deal to ensure a fair market acquisition.
MTI reports that a stipulation has been put in place that requires Digi to sell the Invitel networks it has acquired in 16 settlements within a six-month period. It must also exit from lease contracts relating to independent fixed-line telecom networks in 25 settlements.
Reports suggest that the deal is worth upwards of 43 billion HUF (140 million EUR).