Telco

Telco

Tourism Agency announces HUF 40 bln of developments

Zoltán Guller, CEO of the Hungarian Tourism Agency (MTÜ), announced tourism programs worth HUF 40 billion in four prioritized areas...

Telco

Govʼt earmarks HUF 53 bln for cycle path developments

Hungaryʼs government has earmarked almost HUF 53 billion in funding for the development of bicycle paths in 2018-2021, says a...

Telco

Wage growth 10.8% in October

Gross wage growth in Hungary climbed 10.8% year-on-year in October, the Central Statistical Office (KSH) said on Thursday. In absolute...

Telco

OTP Bank signs deal to buy Société Généraleʼs Serbian unit

OTP Bank on Thursday said it signed an agreement to acquire Société Générale Banka Srbija, Serbiaʼs fourth biggest lender, from...

Telco

Hungarian internet subscription numbers near 10 mln

The number of internet subscriptions in Hungary rose by 4.5% in the third quarter of 2018, compared to the corresponding...

Telco

MFB raises SME credit program limit, extends deadline

The state-owned Hungarian Development Bank (MFB) has raised the limit of its SME credit program "Penzügyi Vállalkozás Refinanszírozasi Konstrukció II"...

Telco

Hungarian banking sector liquidity up in November

Forint liquidity of Hungaryʼs banking sector rose in November from a month earlier, which was mainly reflected in the increase...

Telco

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

Telco

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

Telco

EU pre-financing lifts deficit to 135% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,842.4 bln deficit at the end of November, the...

Telco

Hungarian banking sector profit falls 12% in Q1-Q3

Combined after-tax profits of Hungaryʼs banking sector fell 12% year-on-year to HUF 425 billion in the first three quarters of...

Telco

MTA makes plea for full research funding

The Hungarian Academy of Sciences (MTA) is asking Minister for Innovation and Technology Lászlo Palkovics not to withhold funding for...

Telco

Retail lending of Hungarian banks rises in October

The retail lending stock of Hungarian banks was up HUF 51.3 billion to nearly HUF 6.112 trillion in October from...

Telco

Corporate lending stock of Hungarian banks up in October

The corporate lending stock of Hungarian banks rose in October from the previous month mainly due to transactions, fresh data...

Telco

Govʼt to spend over HUF 150 bln on Hungarian Village program

The government will spend at least HUF 150 billion on developments as part of the Hungarian Village program in 2019...

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...