[January 14, 2015] |
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Magyar Telecom B.V. Announces the Appointment of David Blunck as Invitel CEO
Magyar Telecom B.V. ("Matel B.V.") is pleased to announce the
appointment of David Blunck as CEO of its operating subsidiary Invitel
Zrt. ("Invitel"), effective today.
Mr. Blunck, 48, has served as Invitel's CFO since September 2012, and
previously held senior finance roles in the telecommunications, finance
and aviation sectors in Europe and the United States. Mr. Blunck has
dual Hungarian-US citizenship and is a fluent Hungarian speaker.
"I am very pleased to have the opportunity to lead the Invitel team as
we continue our successful transition to a TV-led bundled service
provider in our Residential business andan IT services-led
multi-service provider in our Corporate business," Mr. Blunck said.
Nikolaus Bethlen, Chairman, expressed his gratitude to departing CEO
David McGowan, adding: "Thanks to David McGowan's leadership, Invitel is
on a path to operational excellence and financial stability. With David
Blunck as CEO, Invitel's experienced management team is well-placed to
build on successes achieved to date."
ABOUT MAGYAR TELECOM B.V.
Magyar Telecom B.V., through its subsidiary, Invitel is one of the
leading service providers in the Hungarian telecommunications market,
offering a broad portfolio of services for residential and business
customers. Residential products include a variety of multimedia and
entertainment services such as interactive, digital and High Definition
television, fast internet offerings and telephony services. Business
solutions include the most up-to-date ICT and cloud-based IT solutions,
in addition to voice and data services, all using Invitel's nationwide
fiber-optic backbone network. Invitel is headquartered in Budao¨rs, with
customer touch points throughout Hungary.
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