Magyar Telekom fined HUF 160 mln for violation
Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, was fined HUF 160 mln today for violating regulations and general contract conditions by restricting services, Hungary's National Media and Infocommunications Authority (NMHH) announced.
The authority’s decision is based on a review of Magyar Telekom's practices involving fixed line services between October 1 and December 31 of 2013. NMHH fined the company’s chief executive officer for an additional HUF 2 mln, as the violation was not Mtel’s first.
The NMHH noted that rules on telecommunications allow restrictions of service only after the subscriber has been informed and if the subscriber has failed to pay any outstanding balance within 30 days from the time they received notice of the overdue payment.
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.