Telco

Telco

KSH: General gov’t deficit reaches 1.4% of GDP in Q3

Hungary's general government deficit came to 1.4% of GDP or HUF 108.6 bln, in Q3 2014, according to preliminary data...

Telco

MOL to lower gasoline, diesel prices

Hungarian oil and gas company MOL scheduled to lower its wholesale gasoline and diesel prices by HUF 4 and HUF...

Telco

Banks roll over €20 mln at FX swap tender to ease year-end liquidity squeeze

The National Bank of Hungary (MNB) allotted €20m of three-month EUR/HUF swaps at its regular tender to domestic banks yesterday,...

Telco

HUF 3.4 bln in parking fees paid via mobile

According to Hungarian the state-owned National Mobile Payment Company, parking fees generated a revenue of HUF 3.4 bln in the...

Telco

Pfizer winds up Baxter acquisition

The Hungarian unit of U.S. drugmaker Pfizer closed the takeover of the vaccine portfolio of peer Baxter Hungary on January...

Telco

BUX down on global worries, local PMI

The Budapest Stock Exchange's main BUX index finished at 16,414.80 Monday, down 1.32% from last Tuesday, the last trading day...

Telco

Kayser Automotive invests HUF 700 mln

Kayser Automotive Hungária, the Hungarian unit of an German plastic car parts manufacturer, says it wound up a HUF 700...

Telco

MNB: Corporate lending stock drops despite moderate net borrowing

Corporate lending stock of Hungarian banks fell nearly HUF 20 bln to HUF 6.7634 trillion at the end of November,...

Telco

MNB: FX loan repayments cut retail lending stock in November

Hungarian households repaid net HUF 23.1 bln of their outstanding loans in November, but a slight weakening of the forint...

Telco

Harkány spa to undertake HUF 215 mln development

The 191-year old spa of town Harkány is scheduled to be developed by the local council, with extraordinary state support...

Telco

Btel raises its capital by HUF 950 mln, plans withdraw

Hungary-based Business Telecom (Btel) announced it will be raising its capital by HUF 950 mln, up to approximately HUF 2...

Telco

KSH: Trade surplus hits six-month low

Hungary’s trade surplus in October came to €351.0 mln, down from the €373.8 mln first reading released on December 9,...

Telco

Hungary net external financing capacity reaches €2.408 bln in Q3

Hungary's unadjusted net external financing capacity came to €2.408 bln in the third quarter, the National Bank of Hungary (MNB)...

Telco

Eleven-month general government deficit at 62%

Hungary's cashflow-based general government deficit, excluding local councils, had a HUF 95.9 bln surplus in November, bringing the 11-month deficit...

Telco

Musashi Hungary expands product range

Musashi Hungary, the Hungarian unit of Japanese vehicle parts manufacturer Musashi, signed a new supplier contract and is scheduled to...

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...