Telco

Telco

BUX down in thin trade

The Budapest Stock Exchangeʼs main BUX index finished down 0.78% at 20,793.58 Friday after rising 0.30% Thursday. It is up...

Telco

Hungary’s external trade surplus reaches €646 mln in July

Hungary’s external trade surplus saw a year-on-year rise of €208 mln, reaching €646 mln, in July the Central Statistical Office (KSH)...

Telco

BUX rise limited by hints from government

The Budapest Stock Exchangeʼs main BUX index finished up 0.30% at 20,956.85 Thursday after slipping 0.19% Wednesday. It is up...

Telco

CEO: MOL invests tens of billions into Dunai Refinery

Hungarian oil and gas company MOL continues to invest tens of billions of forints into its 50-year-old Dunai Refinery in...

Telco

Government to allocate ‘limitless’ money for ‘migration crisis’

The Hungarian government is planning to propose and amendment to the central budget to establish an allocation with no limit,...

Telco

MTel’s 4G coverage reaches 95% in Hungary

Magyar Telekom, the Hungarian unit of German telco giant Deutsche Telekom, has increased nationwide outdoor coverage of its 4G mobile...

Telco

Festo opens production hall in Budapest

The Hungarian unit German industrial automation company Festo today inaugurated a production hall for manufacturing cylinders at its plant in...

Telco

BSE daily share turnover slips in September

Daily share turnover on the Budapest Stock Exchange came to HUF 6.6 bln on average in September, down 10.7% from...

Telco

KSH: Government deficit is 1.1% of GDP in H1

The deficit of the general government sector in Hungary was HUF 184.0 bln, 1.1% of GDP in the first half...

Telco

BUX corrects down

The Budapest Stock Exchangeʼs main BUX index finished down 0.19% at 20,893.96 Wednesday after rising 1.29% Tuesday. It is down...

Telco

Quaestor suspects to remain in remand

The Budapest Municipal Court has overturned a district court decision allowing three suspects in pre-trial custody in the case of...

Telco

MNB: Corporate lending stock boosted by forint borrowing, weaker forint in August

Corporate lending stock of Hungarian banks, including lending in the form of bonds, rose by HUF 63 bln to HUF...

Telco

MNB: Households make net repayments in August

Retail lending stock of Hungarian banks fell by HUF 33.1 bln to HUF 6.06 trillion in August from the previous...

Telco

BUX corrects up

The Budapest Stock Exchangeʼs main BUX index finished up 1.29% at 20,932.82 Tuesday after falling 0.79% Monday. It is up...

Telco

EC defunds some projects, agrees to fund others

After choosing not to fund projects that it found problematic, the European Commission lifted its suspension of funding for Hungary...

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...