Investor Relations
Extraordinary Announcement of 4iG Nyrt.
On signing a non-binding Term Sheet
4iG Public Limited Company (“4iG”) hereby informs the participants of the capital market that today, 4iG subsidiaries 4iG Távközlési Holding Zrt. and 4iG InfraCo Holding Zrt. entered into a non-binding term sheet (“Term Sheet”) with e& PPF Telecom Group. In the Term Sheet, the parties recorded their intention to enter into a share swap agreement, under which 4iG Távközlési Holding Zrt. would become a strong strategic shareholder of up to 49% in CETIN Hungary Zrt. (“CETIN”), the Hungarian mobile radio infrastructure company of e& PPF Telecom Group, while e& PPF Telecom Group would receive a stake of up to 38% in 2Connect Távközlési Infrastruktúra és Hálózati Szolgáltatások Kft (“2Connect”) (“Transaction1”).
Separately from the contemplated transaction, 4iG is in advanced negotiations with a leading sovereign wealth fund from the
United Arab Emirates regarding the potential sale of an additional 11% stake in 2Connect (“Transaction2”; Transaction1 and
Transaction2 together “Transactions”).The potential long-term partnership of 4iG Group and e& PPF Telecom Group aims to develop
a cost-effective infrastructure usage and development model through an emerging cross-ownership structure, under which Yettel
will enter the fixed-line market in the second half of 2026 on the 2Connect network, while One Magyarország Zrt. would use
CETIN's mobile infrastructure from 2028.
The cash proceeds from the sale of a further minority stake could reduce 4iG Group’s debt in the short term, while the consolidation of fixed and mobile networks are expected to deliver significant cost and investment synergies for the partners.
The synergies resulting from network sharing – including savings and revenues – is expected to reach up to €1 billion in the years following the closing of the Transactions (“Closing”).
The Closing of the Transactions is subject to the successful completion of the due diligence, the signing of the final transaction
documentations, and the obtaining of the necessary shareholder and regulatory approvals. Accordingly, the Closing of the Transactions
is expected in early 2027.
Budapest, 19 February 2026
4iG Plc.