Yettel to Wind up Network Upgrade in 2024
Image by Adam Kovacs / Shutterstock.com
Telco firm Yettel will finish a network upgrade program launched in 2020 this year, deputy-CEO György Koller said on Wednesday, according to a report by state news wire MTI.
Yettel is phasing out outdated 3G technology and doubling or tripling 4G capacity while rolling out 5G in the project worth "tens of billions of forints", Koller said. All of the more than 4,000 Yettel base stations are being upgraded, he added.
The latest 5G technology is available at over 700 Yettel base stations, while 5G now accounts for about 15% of mobile internet turnover, he said. By year-end, the number of 5G base stations will reach 1,000, he added.
Yettel is owned by Czechia's PPF Telecom Group.
ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan
EC Puts Hungary 2024 GDP Growth at 2.4%
HU-rizon Program: HUF 8 bln Funding for International Resear...
Marcelito Pomoy to Perform in Budapest Next Week
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
