Telco

Telco

Draft 2007 budget shows country has “come of age”

Minister of Economics and Transportation János Kóka said the government's draft 2007 budget is one of a country which has...

Telco

Hungarian insurance sector expands more than 23% in Q1-Q3

Combined revenue from premiums of Hungary's insurance sector rose 23.3% to Ft 628.9 billion in Q1-Q3 compared to the same...

Telco

Raiffeisen Bank Q1-Q3 profits jump 34%

Raiffeisen Bank Zrt had after-tax profit of Ft 18.8 billion in Q1-Q3, 34% more than in the same period a...

Telco

TVnet starts IPTV services in capital

ISP TVnet Kft has started internet protocol television (IPTV) services in the capital with an investment of Ft 100 million,...

Telco

Mol’s Q3 profit rises on fuel demand

Mol Nyrt, Hungary's largest energy company, said quarterly profit more than doubled, driven by rising demand for fuels and a...

Telco

TVK Q1-Q3 profit down 72% because of the unrealized forex losses

Hungarian chemicals company TVK, majority owned by oil and gas company Mol, had net profits of Ft 1.24 billion (€4.773...

Telco

Permira pledges to continue BorsodChem investment strategy

First Chemical Holding, a vehicle set up by Permira, Europe's largest private equity fund, to purchase Hungarian chemicals company BorsodChem...

Telco

Germany plans lowest deficit since reunification

German lawmakers plan to use surging tax revenue generated by the fastest economic growth in six years to reduce the...

Telco

BUX kicks off high Q3 flash-report season with sharp advance

Gains from all BSE Big Four issuers, Mol, Magyar Telekom, OTP and Richter, lifted the Budapest Stock Exchange's (BÉT) blue-chip...

Telco

Rába reports profit on currency

Rába Nyrt, a Hungarian maker of vehicle parts and military trucks, reported a Q3 profit because of higher sales at...

Telco

Egis reports 50% pre-tax growth

Egis Nyrt achieved Ft 22,497 million net sales and Ft 2,809 million pretax profit in Q4 of the 2005/2006 financial...

Telco

Transneft seeks higher pipeline rates on inflation

Transneft, Russia's oil-pipeline operator, wants to raise prices 5.7% next year to help offset inflation, and will further increase prices...

Telco

Magyar Telekom’s Q3 profit falls

Magyar Telekom, Hungary's former telephone monopoly, said profit in the Q3 declined due to lower revenue from fixed lines....

Telco

Démász January-September net profits drop 4.7% to Ft 4.777

Démász had net profits of Ft 4.777 billion (€18.4 million) in the first nine months of 2006, down 4.7% from...

Telco

Adecco’s Q3 profit rises 38% on skilled staffing

Adecco, the world's biggest temporary employment company, said Q3 profit rose 38% on demand for professional staffing. Net income increased...

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...