Telenor Hungary eyes HUF 9 bln in network development

Competition

Telenor Magyarország plans to spend HUF 9 billion on network development this year, compared with HUF 7 bln in 2015, chief technology officer Zsolt Sepsi told Hungarian news agency MTI on Friday.

The investments will mainly serve to improve indoor coverage for private users and expand the 4G+ (LTE Advanced) network, he said. 

Sepsi said Telenorʼs 4G network was among the best within the Telenor group, and that it features nationwide outdoor coverage of more than 97%, compared with 50% in 2014.

Telenor is also developing its 3G network and will spend substantial amounts on improving indoor coverage of the 4G network this year, he added.

MOL Shareholders Approve Dividend of Around HUF 250/Share Figures

MOL Shareholders Approve Dividend of Around HUF 250/Share

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

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.