MTel commits to further network development

Deals

Magyar Telekom, the Hungarian subsidiary of telco giant Deutsche Telekom, is committed to further developing its mobile and fixed-line networks, making broadband internet access available to a an additional 200,000 households before the end of this year, CFO János Szabó said today, according to Hungarian news agency MTI.

Detailing the company’s second quarter results in Hungary, published late yesterday, Szabó noted that MTel has so far reached 410,000 households, bringing the number of households with broadband access to 2.5 million. The CFO added that the company is now focusing on developing fixed-line capacities in Budapest and the surrounding area, according to MTI. 

In terms of mobile network development, Telekom is expanding its 4G+ network, accessible in 13 cities in the eastern part of the country at 190 base stations, the CFO said, according to MTI. The company continues to develop its 4G network, which currently has outdoor coverage of 98% and the service is accessible in 2,800 communities in Hungary.

ADVERTISEMENT

Sharp Rise in Energy Costs Putting Strain on Competitiveness Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim... City

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim...

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.