Magyar Telekom has expanded its client services portfolio by entering the Hungarian retail electricity and gas market. Magyar Telekom will enter the retail energy market via the resale of natural gas and electricity, leveraging its already existing sales network. Magyar Telekom plans to resell electricity and gas to its existing customer base as a bundled product, supplementing its current telecoms services offering. Via this move, the operator aims to retain existing as well as win new telecommunication customers with energy offers. To test customer interest, Magyar Telekom will initially launch electricity and gas retail offers for a targeted segment of its residential and business customers from April. After this initial phase, the company plans to assess further penetration on the energy market in this year's second half - (Telecompaper)
