January 2009, Budapest

FiberNet Communication Zrt, Hungary’s third biggest and most dinamically developing cablenet electronic newscast services provider, aquired 100% share in Dunaweb Telecommunication Zrt, headquartered in Vác, Hungary. DunaWeb has more than twelve years ’experience in the field of telecommunication services. The company is the domestic leader in wifi internet services with 10,000 wireless internet subscribers in 350 towns and villages. The domestic leader position and the geographically diversified infastructural coverage will help FiberNet to expand its services portfolio.

Concorde MB Partners acted as the advisor of the owners of DunaWeb Kft in this transaction.