Hungarian mobile carrier Magyar Telekom has confirmed it will spin off its telecom tower assets.

The operator, a subsidiary of Deutsche Telekom, held a review last summer to consider the separation of its passive infrastructure assets into a wholly owned subsidiary.

Following the review, the carrier said it has decided to spin off approximately 2,800 locations where the passive mobile infrastructure is located.

This means Magyar Telekom will retain around 900 of the 3,700 towers it owns.

The passive infrastructure is comprised of telecom towers and rooftop sites, Magyar said.

A final decision on its tower spin-off will be made at the company's AGM in May, with an agreement to separate the assets drawn up by the end of this year.

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

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 ($18.3bn) in 2023 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 number of towers to Magyar, at around 3,800, and is partially owned by infrastructure investors CETIN Group and PPF Group.