Telco

Telco

Current account surplus jumps to €866 mln in September

Hungary's current account surplus reached €866 mln in September, data published by the National Bank of Hungary on Friday shows....

Telco

State-owned electricity works MVM to get HUF 50 bln capital raise

State-owned Hungarian Electricity Works (MVM) is to receive a HUF 50 bln capital raise next year, the 2015 budget bill...

Telco

BUX down after GDP data

The Budapest Stock Exchange's main BUX index finished down 0.42% at 17,382.95 Friday, after rising 0.11% Thursday. It is down...

Telco

OTP Q3 profit triples on base effect of Ukraine write-off

Third-quarter after-tax profit of OTP Bank, Hungary’s biggest commercial lender, more than tripled to HUF 34.1 bln from the same...

Telco

MABISZ: Insurers’ premiums revenue climbs 4%

Revenue from premiums of Hungarian insurers saw a year-on-year rise of 4%, reaching HUF 640 bln in the first quarters,...

Telco

BUX walks the European line

The Budapest Stock Exchange's main BUX index finished up 0.11% at 17,456.56 Thursday, after rising 0.31% Wednesday. It is down...

Telco

CIG Pannonia premiums revenue drops 29%

CIG Pannonia Life Insurance's consolidated gross revenue from premiums fell by 29% to HUF 11.1 bln in Q1-Q3 as compared...

Telco

Lower revenue, narrower margins put Rába in the red in Q3

Hungarian automotive industry company Rába saw a HUF 498 mln loss in the third quarter due to a sharp revenue...

Telco

Sales of PCs grow 24% while tablet sales to decline

Personal Computer (PC) sales rose by 24% exceeding 152,000 in Q3 as compared to the same period a year earlier,...

Telco

MNB to realise profit on FX sale to banks

The National Bank of Hungary (MNB) will realise a profit on the sale of foreign currency from its international reserves...

Telco

BUX bucks European trend

The Budapest Stock Exchange's main BUX index finished up 0.31% at 17,437.59 Wednesday, after falling 1.37% Tuesday. It is down...

Telco

PannErgy units receive €18 mln Eximbank loan

Hungary-based geothermal energy company PannErgy announced yesterday that two of its units withdrew a total of €18 mln in loans...

Telco

Final report on 2013 central budget published

Parliament approved the final report on the implementation of the 2013 budget with 116 votes in favor, 31 against and...

Telco

BUX Report: Tuesday

The Budapest Stock Exchange's main BUX index fell 1.37% to 17,384.04 on Tuesday following an almost 3% advance on Monday....

Telco

Telenor Magyarország acquires new frequencies

Hungary's National Media and Infocommunications Authority (NMHH) announced today that it signed a contract on frequencies with Telenor Magyarország, 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...