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Ban, S. Szabo & Partners Advise Vodafone on Demerger of Vantage Towers in Hungary

Ban, S. Szabo & Partners Advise Vodafone on Demerger of Vantage Towers in Hungary

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Ban, S. Szabo & Partners has advised Vodafone on the demerger of Vantage Towers in Hungary. 

According to Ban, S. Szabo & Partners, “the newly formed company owns and operates Vodafone Hungary’s passive infrastructure and focuses on the acceleration of Hungary’s digital advancement facilitating the rapid deployment of 5G. The activity of Vantage Towers will enable the widespread adoption of new technologies enhancing transport, education, healthcare, agriculture, and smart cities. Vantage Towers – by relying on the schemes enabled by the European Electronic Communications Code – will support the proliferation of network sharing arrangements and at the same time will focus on the use of renewable energy to minimize its impact on the planet.” 

Vantage Towers Hungary’s management is led by Chairman and MD Gergo Budai, who is also Deputy Chairman of Vodafone Hungary’s Board. 

Ban, S. Szabo & Partners’ team included Partners David Kiss and Janos Rausch and Counsel Gergely Szabo. 

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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