[2] Magyar Telekom provides a full range of telecommunications and information communication (ICT) services to private individuals as well as small, medium and large corporate customers, including landline and mobile phone, data transfer and non-voice based, as well as IT and system integration services uniformly under the Telekom brand.

Magyar Telekom is connected to the lives of its customers by millions of threads, telephone, internet, TV and IT: it has a high-quality, reliable and uniquely wide range of services in all areas.

In 1993, 30.1% ownership of Matáv was purchased by Deutsche Telekom and Ameritech International telecommunications companies, under the new name, MagyarCom Consortium.

The consortium led by Matáv acquired a majority stake in Macedonia's national telecommunications company Makedonski Telekomunikacii (MakTel), which became a consolidated subsidiary of the group.

In mobile telephones, number portability was a minor difficulty, but the Westel division of the group solved the problem in 2004.

[5] In March 2004, the group decided to replace the Westel name, which had existed since 1989, and joined the global T-Mobile brand on 1 May 2004.

[7] On 8 November 2005, Magyar Telekom purchased Orbitel (Bulgaria's telecommunications provider), a transaction that ended on 3 February 2006.

T-Online Hungary's web and content services business area continued to operate under the name Origo Media and Communications as a Magyar Telekom Group subsidiary.

Consequently, the new management structure of Magyar Telekom determines the operating model of the Group on the basis of customer segments.

The new management structure, developed in order to reach the strategic objectives and based on customer segments, was implemented on January 1, 2008.

[11] From January 2008 the organization of T-Systems business unit[clarification needed] was simplified through integration of subsidiaries in an effort to provide better service to customers and increase efficiency.

[11] As part of Magyar Telekom's integration processes, iWiW and Adnetwork Online Marketing merged into Origo 30 June 2008.

[15] Magyar Telekom withdrew from the New York Stock Exchange on 12 November 2010 to simplify the structure of financial reporting and reduce administrative costs.

[18][19][20] At its meeting held in June, Magyar Telekom's board of directors approved the mid- and long-term strategic direction of the company's operations.

The company's new organizational structure is also designed to enable Magyar Telekom to serve its customers in a high-quality, state-of-the-art and efficient way.

For Magyar Telekom, the amendment has secured the foundations for providing high quality mobile services in the future.

[38] It also introduced MultiSIM, which allows customers to use both mobile internet and voice services on multiple SIMs with a single subscription.

[39] Magyar Telekom was the first in Hungary to present a 5G network operating under real conditions at its headquarters in Krisztina Körút, Budapest.

According to the agreement Telekom continued to support the adult and junior teams for another three years, until the end of the 2021–2022 championship season.

The aim of the corporate-level agile transformation was to respond more quickly and effectively to customer needs and the changing market environment.

[54] By the end of August, the service reached another milestone with dozens of new stations connected in 23 municipalities - Budapest, Budaörs, Zalaegerszeg, Debrecen, Kecskemét, Szeged and parts of Szombathely, as well as in 16 localities around Lake Balaton.

[58] Based on PwC Hungary's annual research, Magyar Telekom won the Most Attractive Workplace Award in the telecom sector for the fourth year in a row in 2021.

According to the agreement, Telekom continues to support the men's adult and junior teams of the Veszprém club for another four years, until the end of the 2025–2026 championship season.

[61][62] From February 1, 2023, Magyar Telekom provides new IT and telecommunications services from a single source for its customers of medium and large companies.