Telco

Telco

K&H sees HUF 19.7 bln revenue on premiums in Q1

Revenue from premiums on K&Hʼs general insurance policies saw a quarter-to-quater rise of 15.7%, reaching HUF 19.7 bln in Q1,...

Telco

MNB still probing staff, management at failed brokerages

The oversight on fraud cases uncovered at three independent Hungarian brokerages earlier this year were concluded, however, the National Bank...

Telco

General government deficit reaches HUF 511.1 bln in May

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 511.1 bln at the end of May, the National Economy...

Telco

Kelet-Trans 2000 completes HUF 416 mln investment

Transportation and packaging company Kelet-Trans 2000 has completed a HUF 416 mln technology and infrastructure investment at its base in...

Telco

Vodafone boasts outdoor 4G coverage at Balaton close to 100%

Vodafone has boosted its outdoor 4G coverage around Lake Balaton close to 100%, CEO Diego Massidda said yesterday....

Telco

Hungary to spend HUF 68 bln on road renovation this year

The Hungarian government is planning to spend approximately HUF 68bn on road renovation in the country this year, state secretary...

Telco

BUX down, but Magyar Telekom rises

The Budapest Stock Exchangeʼs main BUX index finished down 2.17% at 21,842.67 with only Magyar Telekom showing signs of strength...

Telco

LLP Hungary increases profit by 40%

LLP Hungary, the Hungarian subsidiary of international LLP software service provider group, increased the multinational companyʼs profit by 40% in...

Telco

Hungary’s wine exports generate €85 mln revenue

Hungary exported approximately 770,000 hectoliters of wine last year out of the 2.7 million it produced, György Czerván the farm...

Telco

Pannonia Kábeltechnika revenue nearly doubles

Hungarian cable manufacturer Pannónia Kábeltechnika, a unit of Germanyʼs Prettl, saw its revenue nearly double to HUF 958 mln last...

Telco

Magyar Posta changes postal check policy

Hungarian state-owned postal company Magyar Posta now qualifies a check payment made via bank card as a purchase rather than a cash...

Telco

BUX ends week higher

The Budapest Stock Exchangeʼs main BUX index finished up 0.10% at 22,326.95 on Friday in spite of losses by three...

Telco

MNBʼs international reserves up €201 mln in May

 The National Bank of Hungaryʼs international reserves stood at €37.147 bln at the end of May, up €201 mln from...

Telco

BUX slips, but not as much as Western European indices

The Budapest Stock Exchangeʼs main BUX index stayed in the red on Thursday: though it showed some signs of recovery...

Telco

Masterplast share auction oversubscription nearly triple

An auction of shares of Hungarian building materials manufacturer Masterplast yesterday attracted bids for almost three times the offer, the...

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...