Telco

Telco

System Integration can Help Businesses Work Smarter

Although the economic effects of COVID-19 shook the financial performance of system integrators in some cases in the country, the...

Telco

CryptTalk Takes White-label Strategy as it Waits for Quantum-computing

CryptTalk first burst onto the domestic news scene in the spring of 2016 when the Hungarian Ministry of Interior said...

Telco

Magyar Telekom expands 5G coverage

Magyar Telekom on Wednesday said it has expanded its 5G mobile telecommunications coverage to 23 settlements around the country, according...

Telco

Vodafone launches 5G in Siófok, adds chatbot to LifeSaver app

Vodafone announced the launch of its 5G service in Siófok, as well as the addition of a chatbot function to...

Telco

Magyar Telekom H1 profit down more than 40%

Magyar Telekomʼs profit before income tax was down 33% at HUF 17.02 billion and after-tax profit was down 42.3%at HUF...

Telco

Data traffic through mobiles up by 70% in Q1

Data traffic generated in the mobile phone networks reached 124 petabytes in the first quarter of 2020, up 69.9% from...

Telco

IT Services Hungary Renamed Deutsche Telekom IT Solutions

Hungary’s largest ICT employer, IT Services Hungary, rebranded to Deutsche Telekom IT Solutions as of July 1. The company says...

Telco

MNB fines CIB, Raiffeisen for lax compliance with money-laundering rules

The National Bank of Hungary (MNB) on Tuesday said it fined CIB Bank and Raiffeisen Bank for failing to fully...

Telco

Jászai to acquire majority stake in 4iG

Gellért Jászai, the chairman-CEO of listed IT company 4iG, has agreed to acquire stakes in 4iG from listed holding company...

Telco

Avg gross earnings at HUF 400,200 in April

In April 2020, average gross earnings amounted to HUF 400,200, 7.8% higher than a year earlier, with the economic impacts...

Telco

Govʼt earmarks almost 22 bln for crisis-hit farm, food sector

Hungaryʼs Agriculture Ministry has allocated almost HUF 22 billion in grants to support farmers and food processors hit by the...

Telco

Govʼt raises limit of business development scheme to HUF 100 bln

The government decided to double the original limit of the "Hungarian High-tech and Green" scheme that supports technology upgrades by...

Telco

State of Emergency Brought to an End

Parliament unanimously approved the proposal to lift the state of emergency ordered by the government on March 11 due to...

Telco

Doktor24 gets EUR 10 mln private investment

Private healthcare service provider Doktor24 Medicina group said on Tuesday that it has signed an investment agreement with private equity...

Telco

Nearly 70 open-air spas to be refurbished along Lake Balaton

This year 67 open-air spas will be refurbished along the shores of Lake Balaton for a combined cost of HUF...

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...