Telco

Telco

CPI up 2.8% yr/yr in May

Consumer prices rose by 2.8% year on year in May, up from 2.3% in April, the Central Statistics Office (KSH)...

Telco

ÁAK sells 100,000 motorway stickers through mobile phones

A total of 100,000 motorway stickers were bought through mobile phones since launching the service on March 17, the National...

Telco

Insurers’ revenue rises, number of policies falls

Hungarian insurance companies' number of policies fell in the first quarter of 2006, but their revenue from premiums increased as...

Telco

PSzÁF prohibits MÁV insurer from signing new car policies

The State Financial Supervisory Authority (PSzÁF) announced on Wednesday it has prohibited MÁV General Insurance Association from signing any new...

Telco

Albacomp targets 24% revenue rise in 2006

IT company Albacomp Zrt targets profits of about Ft 165 million on revenue of Ft 18 billion in 2006, up...

Telco

IKO Telekom Media profits increase 30% in 2005

IKO Telekom Media Holding, one of Hungary's biggest interactive text messaging, wireless content and wireless marketing companies, had after-tax profit...

Telco

SAP makes Hungarian unit regional base for SME products

Germany's SAP AG, a leading maker of software that integrates businesses' back office functions, has picked its Hungarian unit to...

Telco

Állami Nyomda profits jump 47.1% yr/yr in Q1

Printing company Állami Nyomda Nyrt had consolidated net profit of Ft 216 million in the first quarter of 2006, 47.1%...

Telco

OTP Q1 profit increases 20.4% yr/yr to Ft 46 bln

OTP Bank Rt had net profit of Ft 46.19 billion in the first quarter of 2006, 20.4% more than in...

Telco

Insurance market expands 17% yr/yr in Q1

Hungarian insurance companies had revenue from premiums of Ft 206.8 billion in the first quarter of 2006, 16.97% more than...

Telco

Mol net profit up 54% in Q1, including gain on gas assets sale

Net profit of Hungarian oil and gas company Mol Rt in the first quarter surged 54% from a year earlier...

Telco

Démász net profits up 19.2% in Q1 2006

Electricity distributor for southern Hungary Démász Rt had net profits of Ft 1.26 billion (€4.8 million) in the first quarter...

Telco

TVK posts losses of Ft 1.25 bln in Q1

Chemicals company TVK Rt, majority-owned by Hungarian oil and gas company Mol Rt, had consolidated net losses of Ft 1.25...

Telco

Globus losses worsen in first quarter

Canning company Globus Rt had net losses of Ft 762 million in the first quarter of 2006, 66% more than...

Telco

FBH after-tax profits drop 3.7% to Ft 2.08 bln in Q1

The Land Credit and Mortgage Bank Rt (FHB) had after-tax profit of Ft 2.08 billion (€8 million) in the first...

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...