Telco

Telco

Hungary gross wages climb 9% in April

The average gross wage for full-time workers in Hungary rose 9.0% year-on-year to HUF 371,131 in April, the Central Statistical...

Telco

Tax Cuts and Growth Incentives in Next Year’s Budget

A number of tax cuts and incentives to boost growth are in the focus of the 2020 draft budget that...

Telco

Govʼt modifies resolution on sale of interconnector project firm

A government resolution published in the official gazette Magyar Közlöny modifies the terms of the sale of state-owned Magyar Gáz...

Telco

AutoWallis shares move to BÉTʼs premium category

Just a few months after having its new shares listed, AutoWallis is already being traded in the Equities Prime category...

Telco

Palkovics: state must play role in 5G networks rollout

The state must play a role in building the countryʼs 5G telecommunications networks, Minister for Innovation and Technology László Palkovics...

Telco

Banking sector liquidity fell in May – MNB

Forint liquidity of Hungaryʼs banking sector fell in May from a month earlier, which was mainly reflected in a decrease...

Telco

SPB Investment names premium banking director

Sándor Szabó, former head of MKB Private Banking, will continue his career as premium banking director of SPB Investment, according...

Telco

Banking sector profits down as costs rise, fewer provisions released

Combined first-quarter after-tax profits of Hungarian banks fell 16% year-on-year to HUF 135 billion as operating costs rose and fewer...

Telco

Budget bill for 2020 targets narrower deficit, bigger reserves

The 2020 budget bill submitted to lawmakers Tuesday targets a narrower deficit and more than doubles reserves from this year....

Telco

Pension inequality continues to grow

The gap between the smallest and the largest pensions is widening in Hungary, with nearly 21,000 elderly Hungarians receiving pensions...

Telco

Tungsram books HUF 4.7 bln loss in first 9 months

Hungaryʼs Tungsram group - formed in a management buyout from GEʼs lighting business in Europe, the Middle East, Africa and...

Telco

Digi expands countryside mobile coverage

Telecommunications company Digi has expanded the availability of its freshly launched mobile telecommunications service in the countryside, the company told...

Telco

Gross wages up 11% in first quarter

The average gross wage for full-time workers in Hungary rose 10.2% year-on-year to HUF 367,200 in March, the Central Statistical...

Telco

Hungary to receive good-quality oil by Wed evening

By evening, clean crude oil will reach Hungary through the Druzhba, or "Friendship," pipeline, Igor Dyomin, an advisor to the...

Telco

Duna House Q1 earnings fall on base effect

First-quarter after-tax profit of listed real estate broker and property developer Duna House fell 74% year-on-year to HUF 166 million...

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...