Orbán discusses digital development with Vodafone CEO

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On Tuesday morning, Prime Minister Viktor Orbán and Nick Read, CEO of Vodafone Group, discussed Hungary's digital development and, in this context, the issue of boosting competitiveness, according to a press release sent to the Budapest Business Journal.

At the meeting, they also talked about Vodafone's future plans, including the digitalization of Hungarian small and medium-sized enterprises, private 5G network investments supporting the development of industry, and the creation of smart cities that focus on sustainability and make life easier for inhabitants.

"Vodafone and Hungary share the same goals: to create a better, more sustainable, more competitive economy and society, in which digitalization will undoubtedly play a major role. Our strategic goals include the digitalization of small and medium-sized enterprises to drive economic growth; participation in private 5G network investments to make Hungary a market leader in industrial 5G solutions; and establishing smart cities, thus making Hungarian settlements greener and turning them into more liveable homes for citizens", said Vodafone Group CEO Nick Read.

"It is also very important to note that sustainability is a key focus of our operations and ambitions, and the fact that we have been running our European network on 100% renewable energy for over six months is a key contribution to this," he added.

Vodafone creates approximately 9,000 direct and indirect jobs in Hungary. Vodafone Hungary currently has more than 3.8 million customers and total revenues of EUR 800 million in the financial year 2020-2021, according to the press release.

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