Telco

Telco

Eximbank outlays reach HUF 327 bln in 2014

State Secretary László Szabó said today that outlays of Magyar Export-Import Bank (Eximbank) reached HUF 327 bln in 2014....

Telco

OKI Systems’ revenue to climb 36% in Hungary

Japanese printer manufacturer OKI Systems is expecting revenue in Hungary to rise by a year-on-year 36% within its fiscal year...

Telco

2014 government deficit reaches 71.7% of target

Hungary's cashflow-based general government balance, excluding local councils, came to HUF 825.7 bln for 2014, at 71.7% of the full-year...

Telco

BUX welcomes ECB easing

The Budapest Stock Exchange's main BUX index finished up 2.35% at 16,776.87 Thursday after gaining 0.78% Wednesday. It is up...

Telco

Competition Office clears MTel acquisition

Hungary's Competition Office (GVH) on Thursday cleared Magyar Telekom's acquisition of the network and subscribers of ViDaNet Cable Television in...

Telco

Ad industry insiders critical of sectoral tax

The recently introduced tax on advertisements distorts competition, inhibits development and innovation, and negatively impacts the volume and quality of...

Telco

Hungary’s MOL to raise petrol prices

Hungarian oil and gas company MOL will raise its wholesale petrol prices by HUF 3 per liter on Friday, MTI...

Telco

Gov’t earmarks HUF 750 bln for priority road projects

The Hungarian government has allocated HUF 750 bln for priority road investments until 2020, the end of the current European...

Telco

MNB: Impact of franc firming requires no central bank measures

In the short term, no central bank measures are necessary on the domestic investment market due to the sharp strengthening...

Telco

BUX climbs up some more

The Budapest Stock Exchange's main BUX index finished up 0.78% at 16,392.43 Wednesday after gaining 2.93% Tuesday. It is down...

Telco

KSH: Gross wages up by 1.1% in November

The average gross wage in Hungary rose by a year-on-year 1.1% to a monthly HUF 251,283 in November, while net...

Telco

MNB to book HUF 100 bln of FX sales profit against eventual losses

The National Bank of Hungary (MNB) yesterday said it would book against eventual losses about HUF 100 bln of profit...

Telco

BUX shoots up, but volumes remain thin

The Budapest Stock Exchange's main BUX index finished up 2.93% at 16,265.01 Tuesday after gaining 0.30% Monday. It is down...

Telco

Demján’s Arcadom under liquidation

Liquidation has been ordered on Arcadom, a building company indirectly owned by construction industry magnate Sándor Demján, and if talks...

Telco

Magyar Posta: No layoffs planned

Hungarian state-owned postal company Magyar Posta is planning no layoffs despite the decrease in the use of postal services in...

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...