Telco

Telco

FX loan conversion news lifts BUX

The Budapest Stock Exchange's main BUX index climbed 2.93% to 17,625.48 on Monday. The advance was led by OTP Bank,...

Telco

Competition Office clears Market Építő acquisition

Hungary's Competition Office (GVH) today approved the acquisition of a 51% stake in construction company Market Építő by Garharrt Invest...

Telco

BUX further down in European gloom

The Budapest Stock Exchange's main BUX index finished down 0.19% at 17,123.76 Friday, after falling 0.67% Thursday. It is down...

Telco

KSH: Trade surplus hits record in September

Soaring exports helped Hungary post a record-high €952.7 mln trade surplus in September, the Central Statistics Office (KSH) said in...

Telco

Hungary leasing market expands 16% in Q1-Q3

The value of new leasing contracts signed in Hungary came to HUF 309 bln in Q1-Q3, up 16% from the...

Telco

October surplus cuts ten-month general gov’t deficit to 82.2% of full-year target

Hungary's cashflow-based general government, excluding local councils, had a HUF 35 bln surplus in October, reducing the ten-month gap to...

Telco

BUX down amidst continuing European upturn

The Budapest Stock Exchange's main BUX index finished down 0.67% at 17,156.37 Thursday, after rising 0.68% Wednesday. It is down...

Telco

TVK profit rises as margins improve

Net income of Hungarian petrochemicals company TVK, a unit of oil and gas company MOL, rose 87% to HUF 4.8...

Telco

MTel Q3 profit climbs as financial loss narrows

Magyar Telekom's third-quarter net profit rose 9% to HUF 11.8 bln from the same period a year earlier, climbing as...

Telco

MOL Q3 profit reaches HUF 28.5 bln on lower operating costs, depreciation

Net income of Hungarian oil and gas company MOL reached HUF 28.5 bln in the third quarter, improving over a...

Telco

Richter Q3 profit falls 50% on higher costs

Hungarian drugmaker Gedeon Richter's third-quarter net income fell 50% to HUF 5.7 bln from the same period a year earlier...

Telco

Zwack profit falls on higher tax, lower financial income

After-tax profit of Zwack Unicum, Hungary's best known spirits maker, fell 12% to HUF 587 mln in the first half...

Telco

BUX up on European rally

The Budapest Stock Exchange's main BUX index finished up 0.68% at 17,272.27 Wednesday, after falling 1.12% Tuesday. It is down...

Telco

Médiacsoport sells two TV channels

Zoltan Varga CEO of Centrál Médiacsoport announced today that his company sold two TV channels Story 4 and Story 5,...

Telco

Report: FX refunds to increase banks’ payroll costs

The process of paying compensation to clients under borrowers' relief legislation approved this summer will create "hundreds of millions of...

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...