Telco

Telco

Yettel Magyarország Revenue Climbs to EUR 615 mln in 2023

Revenue of telco Yettel Magyaország rose in the double digits to EUR 615 million last year, CFO József Takács said...

Telco

Kermann IT Solutions Shares to Start Trading on April 10

Shares of Hungary's Kermann IT Solutions will start trading on the Budapest Stock Exchange's Xtend platform, tailored to SMEs, from...

Telco

Message Apps Eclipsing Traditional Telecom Devices

The continuous decline of traditional telecommunication devices is being observed year after year due to the proliferation of message applications,...

Telco

Yettel to Wind up Network Upgrade in 2024

Telco firm Yettel will finish a network upgrade program launched in 2020 this year, deputy-CEO György Koller said on Wednesday,...

Telco

Data Traffic Drives Magyar Telekom Growth – CEO

A "dynamic expansion" of data traffic was the engine of growth for Magyar Telekom last year, CEO Tibor Rékasi told...

Telco

Wider Margins Lift Magyar Telekom Earnings

Magyar Telekom's net income climbed 25% to HUF 79 bln in 2023 as margins improved, news agency MTI writes, citing...

Telco

Digi to Raise Subscription Fees 

Telecommunications service provider Digi will raise its subscription fees for broadcast, internet, and voice services from May 1, the company...

Telco

Consumers Buying Fewer Single-service Telco Packages

The proportion of customers using only one service has decreased sharply in the last four years, the Communications Directorate of...

Telco

Vodafone Increasing Fees With Inflation

Following Magyar Telekom, Vodafone has also announced that it will raise its monthly fees due to inflation, according to business...

Telco

Magyar Telekom Rolling out Inflation-based Fee Adjustment

Magyar Telekom will roll out a 15% inflation-based fee adjustment across its customer contracts from March 1, 2024, the telco...

Telco

Yettel Mobile Data Traffic Nearly Doubled Over Holidays

Mobile data traffic at Yettel Hungary increased by 89% compared to the previous year's holidays, while New Year's Eve SMS...

Telco

State Parting With 25% Stake in Yettel Hungary

State-owned Corvinus International Investment has signed agreements on the sale of its 25% stakes in Yettel Hungary and Yettel Real...

Telco

Financial Expenses Put 4iG in Red

Listed ICT company 4iG booked a HUF 6.4 billion loss for Q1-Q3 as financial expenses weighed, state news wire MTI...

Telco

4iG Signs Memorandum of Understanding With Gov’t 

4iG signed a memorandum of understanding with the government yesterday to strengthen the listed ICT company's role in implementing government...

Telco

Magyar Telekom Earnings Climb

Third-quarter net income of Magyar Telekom rose 35% year-on-year to HUF 22.9 billion on higher revenue and improved margins, state...

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...