Telco

Telco

Digi buys Invitel retail, small business subscribers in Hungary for HUF 43 bln

Hungarian TV, telecommunications and internet service provider Digi Távközlési has agreed to buy the retail and small business clients of...

Telco

Gen’ gov’t deficit reaches 78% of full-year target in June, ministry confirms

Hungaryʼs cash flow-based general government deficit reached HUF 911.2 bln at the end of June, 78.1% the full-year target, the...

Telco

MNB three-month depo stock remains level after tender

The National Bank of Hungary (MNB) accepted placements of HUF 50 billion in its three-month deposit at a tender yesterday,...

Telco

Gov’t earmarks HUF 600 mln for new independent gambling watchdog

Hungaryʼs government has approved more than HUF 600 million in personnel and one-off costs towards establishing an independent gambling oversight...

Telco

Hungarian investment fund assets up 0.4% in June, says BAMOSZ

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) were...

Telco

Agro Line spends HUF 490 mln on equipment to increase capacity

Parts and machinery components manufacturer Agro Line has spent HUF 490 million on purchasing equipment to increase production capacity, managing...

Telco

Hungary’s tobacco market lights up

The Hungarian tobacco market has been lit up and most probably will break the annual record of traffic, Hungarian daily...

Telco

Gov’t plans to reduce foreign share in state debt financing further

The government aims at financing state debt through Hungarian retail investors and from domestic savings, and to reduce the share...

Telco

Lego Manufacturing posts record revenue last year

Revenue of Lego Manufacturing, the Danish toymakerʼs Hungarian unit rose 11% from a year earlier to a record HUF 32.9...

Telco

Ceva-Phylaxia inaugurates EUR 25 mln vaccine plant

French-owned veterinary health company Ceva-Phylaxia inaugurated a EUR 25 million vaccine plant in Budapest on Wednesday, according to state news...

Telco

IT Services Hungary to add 200 jobs at service center

IT Services Hungary, a member of the Deutsche Telekom group, will add more than 200 jobs at its service center...

Telco

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 200 billion of one and six-month forint swaps against euros at a...

Telco

Hungarian securitiesʼ market value falls in May, says MNB

The amount of outstanding equity and debt securities issued by Hungarian residents was HUF 43.145 trillion at market value at...

Telco

Gov’t reallocates HUF 22.4 bln from budget reserves

The government is reallocating HUF 22.4 billion in reserves earmarked for "extraordinary government measures" in this yearʼs budget, a resolution...

Telco

Auchan Magyarország sales up 3.8% last year

French-owned hypermarket chain Auchan Magyarország recorded HUF 350 billion in sales revenues in 2016, 3.8% more than in 2015, the...

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...