Telco

Telco

BUX up in final trades despite global gloom

The Budapest Stock Exchange's main BUX index finished up 0.42% at 17,959.39 Wednesday, after rising 0.26% Tuesday. It is down...

Telco

KSH: Deficit 3.8% of GDP, highest level in 18 months

Hungary's general government deficit came to HUF 272.5 bln, which is 3.8% of GDP, in Q2, preliminary data released by...

Telco

BUX further up on OTP

The Budapest Stock Exchange's main BUX index finished up 0.26% at 17,884.71 Tuesday, after rising 1.24% Monday. It is down...

Telco

Kirchhoff Hungária winds up HUF 3 bln investment

German-owned automotive industry supplier Kirchhoff Hungária completed a HUF 2.9 bln expansion at its base located in Esztergom (near Budapest),...

Telco

IT Services Hungary opens new base

German-owned IT service provider IT Services Hungary has opened a new 2,500 sqm base in Pécs (southwestern Hungary) the company...

Telco

BUX REPORT: Monday

The Budapest Stock Exchange's main BUX index finished up 1.24% at 17,838.87 Monday, after falling 1.23% Friday. It is down...

Telco

Magyar Telekom wins bid for frequencies

Magyar Telekom, the Hungarian subsidiary of Germany's Deutsche Telekom, will pay a combined price of HUF 58.65 bln to license...

Telco

Agricolae inaugurates HUF 180 mln warehouse

Hungarian fruit processor Agricolae inaugurated a HUF 180 mln warehouse investment in Jankmajtis (northeast Hungary) on Friday....

Telco

BUX down again on EU-Russia standoff

The Budapest Stock Exchange's main BUX index finished down 1.23% at a six-week low of 17,619.51 Friday, after plunging 1.40%...

Telco

Pannergy to supply geothermal heat to Győr

Arrabona Geotermia, a subsidiary of PannErgy has signed a contract to supply geothermal heat to the public utility and asset...

Telco

BUX down for a third day

The Budapest Stock Exchange's main BUX index finished down 1.40% at 17,839.72 Thursday, after plunging 0.90% Wednesday. It is down...

Telco

Continental Automotive winds up HUF 1.2 bln investment

German automotive industry supplier Continental has expanded its base in Veszprém, northwest Hungary, with an investment of HUF 1.2 bln,...

Telco

BUX down with European peers

The Budapest Stock Exchange's main BUX index finished down 1.43% at 18,257.13 Tuesday, after rising 0.60% Monday. It is down...

Telco

Széchenyi Capital Investment Fund exits mobile software company

The Széchenyi Capital Investment Fund (SZTA), a venture capital fund established by the state for supporting SMEs, on Tuesday announced...

Telco

8-month gov’t deficit at 87.2% of annual target

Hungary's cashflow-based general government deficit, excluding local councils, reached HUF 858.8 bln at the end of August, the National Economy...

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...