UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_______________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): July 6, 2007
HUNGARIAN TELEPHONE AND CABLE CORP.
(Exact Name of Registrant as Specified in Charter)
|
Delaware |
1-11484 |
13-3652685 |
|
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1201 Third Avenue, Suite #3400
Seattle, Washington 98101-3034
(Address of Principal Executive Offices)
(206) 654-0204
(Registrant's telephone number, including area code)
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement
On July 6, 2007 Hungarian Telephone and Cable Corp (the "Company") entered into an agreement to purchase the Hungarian business of Tele2 ("Tele2"), the Swedish-based alternative telecom operator. The Company will purchase the entire equity interests in Tele2's Hungarian subsidiary Tele2 Magyarorszag Kft. (Tele2 Hungary) for EUR 4 million (approximately $5.4 million), adjusted for the net debt and net working capital of Tele2 Hungary. The closing of the acquisition is subject to customary closing conditions, including the receipt of approval from the Hungarian regulatory authorities.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Press release dated July 9, 2007
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
HUNGARIAN TELEPHONE AND CABLE CORP.
Date: July 12, 2007 By: /s/ Peter T. Noone
Peter T. Noone
General Counsel
HUNGARIAN TELEPHONE AND CABLE CORP.
Exhibit Index
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Exhibit |
Description of Document |
|
|
99.1 |
Press Release dated July 9, 2007 |