Telco

Telco

MTB bids to take over Takarék Commercial Bank

Magyar Takarékszövetkezeti Bank (MTB) on Thursday submitted a bid to Takarék Mortgage Bank to purchase the 51% stake it holds...

Telco

Duna House pays HUF 250 dividend/share

Duna House will pay shareholders a HUF 250.64 dividend per share on eligible series “A” ordinary shares for the 2018...

Telco

Parliament Approves 2020 Budget

Next year’s budget is mainly about defending the results the Hungarian economy has thus far achieved, while it also serves...

Telco

Motorway PPP deals cause state to bleed billions yearly

Hungary will sacrifice about 7% of its current GDP, or approximately HUF 2.853 trillion until 2040, due to the decision...

Telco

Deficit 39% of full-year target, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 390 billion, or 39.1% of the HUF...

Telco

Hell Energy inaugurates HUF 2.1 bln expansion

Hungarian soft drink maker Hell Energy inaugurated a HUF 2.1 billion production line at its base in Szikszó (NE Hungary)...

Telco

2,400 applications for prenatal baby support so far

About 2,400 applications have been received for state-subsidized prenatal baby support loans since the credit scheme was launched on July...

Telco

Chemicals industry expands 7.8% in 2018

Hungary’s chemicals industry grew 7.8% last year, outpacing the average growth of the sector in the European Union; this year’s...

Telco

Gov’t pays more than HUF 10 bln annually to Hungaroring

The Hungarian government grants more than HUF 10 billion annually to the Hungaroring Formula 1 motorsport racetrack in Mogyoród (22...

Telco

HUF 104 mln unspent on Sziget FestiPay cards last year

Festival-goers left more than HUF 104 million unspent on their FestiPay cards at 2018ʼs Sziget Festival, with the money staying...

Telco

Jesuit Church installs payment terminal for donations

The Jesuit Church of the Sacred Heart in Budapest is the first organization to install a bank card terminal for...

Telco

OTT-ONE signs HUF 1.9 bln digital services contract

Listed firm OTT-ONE said Monday it has signed a contract to provide IT and digital security services worth a net...

Telco

Parliament approves 2020 budget; slashes MTA funding

Lawmakers approved the 2020 budget with a vote of 127 for, 58 against, and no abstentions on Friday. The budget...

Telco

First-half general govʼt deficit at 39.1% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 390 billion, or 39.1% of the full-year...

Telco

General government surplus 0.1% of GDP in Q1

Hungaryʼs general government ran a surplus - calculated according to the European Unionʼs accrual-based accounting rules - of 0.1% 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...