Hungarian telco Magyar Telekom, a subsidiary of Deutsche Telekom (DT), has announced that it will review its existing tower infrastructure and base station assets.

The company said that the purpose of the review is to analyze the benefits and risks of separating assets into a wholly owned subsidiary.

Magyar currently operates around 3,700 towers across Hungary.

Further details were not shared, although the telco said it would provide further information once it's completed the review process.

Several European carriers have sought to spin off their infrastructure assets in the last few years, including parent company DT in Germany.

DT agreed to sell 51 percent of its tower business, GD Towers which has more than 40,000 towers across Germany and Austria, for €17.5 billion ($18.9bn) last year to Brookfield and DigitalBridge.

Closer to home for Magyar, domestic rival Vodafone Hungary, now majority-owned by 4iG, split its wireless infrastructure into Vodafone Magyarország Toronyvállalat (Vodafone Hungary Towers) in 2020. This is now consolidated into European infrastructure company Vantage Towers.

Another Hungarian telco, Yettel Hungary, separated its infrastructure assets the same year to form CETIN Hungary. The company operates a similar amount of towers to Magyar, at around 3,800, and is partially owned by infrastructure investors CETIN Group and PPF Group.