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.