Telco

Telco

Volvo quarterly profit gains on Eastern Europe, US – extended

Volvo AB, Europe's second-largest truckmaker, said fourth-quarter profit gained 24% as customers expanded in eastern Europe and bought trucks in...

Telco

Magyar Telekom deputy CEO Pásztory to leave post by March 30

Magyar Telekom Nyrt deputy CEO Tamás Pásztory will resign from his post at Hungary's largest phone operator by March 30....

Telco

Keler targets pre-tax profit of Ft 1.527 bln in 2007

Hungary's Central Clearing House and Depository (Keler) targets pre-tax profit of Ft 1.527 billion in 2007, according to its business...

Telco

Pannon-Flax shareholders approve strategy shift

Pannon-Flax approved changes to the company strategy to reduce production capacity by outsourcing and sell less profitable assets to raise...

Telco

Hungary’s Magyar Telekom acquires majority stake in T-Systems Hungary

Hungary's largest telco group Magyar Telekom has announced on Tuesday that it boosted its holding in T-Systems Hungary by another...

Telco

Legrand plans to invest Ft 1.4 bln at Hungarian unit in 2007

France's Legrand, the world's leading maker of wiring systems for buildings, plans to invest Ft 1.4 billion at its Hungarian...

Telco

Egis proposes Ft 120 dividend, unchanged from last year – extended

Egis Nyrt, the Hungarian drugmaker owned by France's Les Laboratoires Servier, proposed to pay Ft 120 dividend on its fiscal...

Telco

Hungrana bioethanol plant continues expansion

Hungrana Kft, a west Hungarian company that makes bioethanol from maize starch and isoglucose, has completed the first phase of...

Telco

Graboplast sees 55% operating profit increase in 2006

Hungarian flooring company Graboplast Zrt expects to close 2006 with operating profit of almost Ft 2 billion, 55% more than...

Telco

Musashi Hungary to complete €8.5 mln expansion in H1 2008

Japan's Musashi plans to complete a €8.5 million (Ft 2.18 billion) capacity expansion started at its unit in Hungary in...

Telco

Telekom Srbija wins phone stake over Telekom Austria

Telekom Srbija, Serbia's largest telephone company, won a controlling stake in Bosnia's Telekom Srpske for €646 million ($860 million), outbidding...

Telco

MTel dividend generates Saint Nicholas rally

Magyar Telekom's share value jumped 6.72% after the company's board announced that it would propose payment of a belated Ft...

Telco

Magyar Telekom’s CEO Straub resigns

Elek Straub, Chairman - Chief Executive Officer of Hungary's leading telecoms group Magyar Telekom Nyrt, is to resign on Tuesday...

Telco

EQNet buys rival ISP, plans share sale

EQNet Zrt, a privately owned Hungarian internet provider, is buying rivals before selling shares to the public in coming years...

Telco

Telekom Austria, Telekom Srbija vie for phone stake

Telekom Austria AG and Telekom Srbija made offers for a 65% stake in Telekom Srpske, a state-owned phone company that...

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...