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Vidanet revenue rises to HUF 5.7 bln on acquisitions

Competition

Acquisitions made in 2014 gave telco Vidanet more subscribers and boosted revenue by 13% to HUF 5.7 bln, the company said yesterday, according to Hungarian news agency MTI. 

Vidanet began offering services in 14 settlements around Siófok in western Hungary and took over the subscribers of ISPs BTel and Alta Internet. Subscriber numbers rose by 19% to approximately100,000 last year. Vidanet offers subscribers internet, cable TV and telephone services.

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