Telco

Telco

Forint firm versus euro, pares previous loss against the dollar

The forint was trading at 310.64 to the euro late Thursday on the interbank forex market, up from final quotes...

Telco

BUX further down with OTP suspended

The Budapest Stock Exchangeʼs main BUX index finished down 0.54% at 21,946.00 Thursday after falling 0.59% Wednesday. Is up 31.93%...

Telco

Government could introduce new tobacco levy

The Hungarian government is planning to introduce a new levy on tobacco products that are “especially harmful to oneʼs health”,...

Telco

Lázár: State selling its stake in OTP Bank in auction today

The state is selling its 5% stake in OTP Bank, roughly 14 million shares, in an auction this afternoon, Cabinet...

Telco

BUX pares losses while Western markets rise quickens

The Budapest Stock Exchangeʼs main BUX index finished down 0.59% at 22,064.52 Wednesday after rising 0.43% Tuesday. Is up 32.65%...

Telco

Analysts expect MNB to cut base rate to 1.00% or lower in 2016

The Monetary Policy Council (MPC) of the National Bank of Hungary (MNB) is likely to resume its monetary easing cycle...

Telco

Report: Draft bill could spell trouble for retailers in Hungary

The Hungarian government is drafting a proposed bill that would require Hungarian retailers to raise employee numbers two-fold , Hungarian...

Telco

Solar plant inaugurated in Mórahalom

A solar plant consisting of 1,800 panels spread out on 1.25 hectares was inaugurated in Mórahalom, southeastern Hungary, the municipal...

Telco

Hungarian government increases allocations for pharma and medical devices

The Hungarian government is increasing the allocation for price subsidies of pharmaceuticals and medical devices in the 2015 central budget,...

Telco

BUX volatile on Western markets, domestic anxieties

The Budapest Stock Exchangeʼs main BUX index finished up 0.43% at 22,195.34 Tuesday after rising 0.99% Monday. Is up 33.43%...

Telco

Terran posts 20% revenue increase

Hungarian-owned building materials group Terran had revenue of HUF 5.8 bln in January-September 2015, up 20% from a year earlier,...

Telco

MTK soccer stadium to cost HUF 6.31 bln

A consortium of construction companies, consisting of ZAEV Építőipari and West Hungária Bau, was awarded a tender to construct a...

Telco

BUX further up

The Budapest Stock Exchangeʼs main BUX index finished up 0.99% at 22,100.06 Monday after rising 1.56% Thursday, the last trading...

Telco

Aluinvent expands aluminium foam panel plant in Hungary

Hungarian Aluinvent is expanding its aluminum foam panel production plant in Felsőzsolca, northeastern Hungary, through an investment of HUF 500...

Telco

Hungaryʼs 2015 budget to be modified with deficit left unchanged

Parliamentʼs fiscal committee proposes that this yearʼs central budget should be increased by HUF 25 bln on both the revenue...

Telco

4iG Unit One Macedonia Wins 5G Tender in North Macedonia

One Macedonia has won North Macedonia's 5G frequency tender, parent company 4iG Group said, according to a report by Hungarian...

Telco

Ericsson Launches 6G lab in Budapest R&D Center

Ericsson announced on Wednesday, Nov. 12, the opening of a new 6G Lab at its R&D center in Budapest. The...

Telco

Building a Culture Where Digitalization Comes Naturally

Yettel Hungary’s chief commercial officer, Nemanja Žilović, explains how the company is reshaping its culture to embrace AI responsibly, empower...

Telco

4iG Telco Companies to Wind up Merger in October

Listed ICT company 4iG will wind up the merger under company law of its telco units, DIGI, Antenna Hungaria and...

Telco

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Telco

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Telco

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Telco

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...

4iG Group, SpaceX Sign European Deal for Starlink Mobile, Sovereign Solutions

4iG Group and SpaceX have signed agreements to introduce Starlink Mobile services and develop secure sovereign satellite communications solutions in...

Sziget Festival Sets New Mobile Data Traffic Record on Yettel Network

Festival-goers generated nearly 54 terabytes of mobile data traffic on Yettel’s network during this year’s Sziget Festival, setting a new...

4iG, Yettel Owner Seek Network Partnership

Units of 4iG, which owns the One telecommunications brand, and e& PPF Telecom Group, which operates the Yettel brand, have...

4iG Unit One Macedonia Wins 5G Tender in North Macedonia

One Macedonia has won North Macedonia's 5G frequency tender, parent company 4iG Group said, according to a report by Hungarian...

4iG SDT Wins Exclusive Rights to Sell Tatra Military, Special Vehicles in Hungary

4iG SDT has signed an exclusive commercial cooperation agreement with Tatra Trucks a.s., granting the Hungarian company sole representation and...

Ericsson Launches 6G lab in Budapest R&D Center

Ericsson announced on Wednesday, Nov. 12, the opening of a new 6G Lab at its R&D center in Budapest. The...

Building a Culture Where Digitalization Comes Naturally

Yettel Hungary’s chief commercial officer, Nemanja Žilović, explains how the company is reshaping its culture to embrace AI responsibly, empower...

Magyar Telekom Earnings Climb on Improved Margins, Tax Rollback

Q3 net income of Magyar Telekom rose 24% y.o.y. to HUF 55.3 bln, supported by a wider margin and the...

4iG Signs Letter of Intent to Promote Connectivity in Western Balkans

4iG said that it concluded a non-binding letter of intent with the EC and Geant in which they jointly affirmed...

4iG Telco Companies to Wind up Merger in October

Listed ICT company 4iG will wind up the merger under company law of its telco units, DIGI, Antenna Hungaria and...

Watchdog Launches Probe of Language Learning App Duolingo

Hungary's Competition Authority (GVH) on Wednesday announced the launch of a probe of Duolingo, a U.S.-based company with a language...

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...