Telco

Telco

BUX down on emerging market gloom

The Budapest Stock Exchangeʼs main BUX index finished down 1.58% at 22,420.84 Thursday after rising 1.01% Wednesday. It is up...

Telco

Report: Restricting slot machines to casinos increases visitors

The number of visitors to Hungarian casinos saw a sharp rise chiefly after slot machines were banned from pubs in...

Telco

CFO: MTelʼs HUF 15-per-share dividend appears tenable

A HUF 15-per-share dividend, which Magyar Telekom indicated earlier could be paid on 2015 earnings, appears tenable, CFO János Szabó...

Telco

Magyar Telekom Q2 profit rises 7.5%

Magyar Telekomʼs second-quarter after-tax profit rose 7.5% to HUF 13.53 bln from a year ago due to a significant improvement...

Telco

Swiss Aryzta buys Hungarian Fornetti

Switzerlandʼs Aryzta has bought Hungarian frozen bakery products company Fornetti, former Fornetti managing director József Szabó announced yesterday. ...

Telco

Government approves HUF 40 bln for second phase of superlaser project

The government has approved a HUF 40 bln investment for the second phase of the construction of a superlaser center...

Telco

BUX up on MOL, euro zone data

 The Budapest Stock Exchangeʼs main BUX index finished up 1.01% at 22,781.34 Wednesday after falling 0.28% Tuesday. It is up...

Telco

Slovnaft books €107 mln Q2 profit on improved margins

After-tax profit of Slovnaft, the Slovakian unit of Hungarian oil and gas company MOL, reached €107 mln in the second...

Telco

Roughly HUF 38 bln earmarked by government to buy out university PPPs

The Hungarian government has earmarked HUF 2.6 bln this year to buy out public-private partnerships (PPP) at universities, as well...

Telco

KSH: Hungary’s retail sales up 7.2% in June

Retail sales in Hungary saw a year-on-year rise of 7.2% in June, following a y.o.y. increase of 4.4% in May,...

Telco

Green number plates become available for electric and hybrid vehicles

Hungarian motorists with electric or hybrid vehicles have become eligible to apply for green number plates for their vehicles, Hungarian...

Telco

MOL Q2 income soars as refining margins widen

Hungarian oil and gas company MOLʼs second-quarter net income jumped 161% to HUF 62.7 bln from the same period a...

Telco

Zwack profit up due to strict control, despite health tax

Zwack Unicum, Hungaryʼs best-known spirits maker, posted on Tuesday an after-tax profit of HUF 355 mln in the first quarter...

Telco

Log Valve building HUF 376 mln production hall

Hungarian Log Valve, which manufactures valves for the oil and gas industry, started constructing a HUF 376 mln production hall at...

Telco

BUX corrects down in thin trade

The Budapest Stock Exchangeʼs main BUX index finished down 0.28% at 22,553.44 Tuesday after rising 0.12% Monday. It is up...

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...