MYTAY Magyar Telekom Telecommunications Plc (PK)

By Veronika Gulyas

BUDAPEST--Hungary's largest telecommunications company, Magyar Telekom Nyrt. (MTELEKOM.BU), is considering taking part in the acquisition of Slovenia's incumbent telecommunications firm, the Hungarian firm's deputy chief executive told reporters Thursday.

Magyar Telekom is the Hungarian arm of Germany's Deutsche Telekom AG (DTE.XE).

Janos Szabo, Magyar Telekom's deputy CEO and chief financial officer, said Deutsche Telekom may be weighing the possibility of submitting a bid in an eventual privatization tender of the Slovenian company, but noted he could not speak on the behalf of the group and stressed he was citing Slovenian press reports.

He said Deutsche Telekom could even take part in the process through its Croatian arm T-Hrvatski Group.

Write to Veronika Gulyas at veronika.gulyas@dowjones.com