Telco

Telco

Magyar Telekom AGM approves HUF 25-per-share dividend

Shareholders of Magyar Telekom (MTel) approved the boardʼs proposal to pay a HUF 25-per-share dividend on last yearʼs earnings at...

Telco

General gov’t runs HUF 198.1 bln deficit at end of March

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 198.1 billion deficit as of the end of March,...

Telco

BBCA to get HUF 42 bln MFB loan for citric acid plant

The state-owned Hungarian Development Bank (MFB) is providing a HUF 42 billion loan, guaranteed by the Bank of China, for...

Telco

Kométa revenues climb to HUF 36 bln in 2016

Italian-owned meat company Kométa 99ʼs revenues rose by HUF 6 billion to HUF 36 bln in 2016, the company told...

Telco

Alteo board proposes HUF 130 per-share dividend

The board of alternative energy company Alteo will propose to shareholders payment of a HUF 130 per-share dividend on last...

Telco

Gránit Bank pre-tax profit climbs to HUF 240 mln

Gránit Bankʼs pre-tax profit rose to HUF 240 million last year, Minister for National Economy Mihály Varga said at the...

Telco

Deficit as proportion of GDP was 1.7% in 2016

The deficit of the general government sector in 2016 was HUF 609.7 billion, 1.7% of GDP according to preliminary data,...

Telco

Corporate lending stock of Hungarian banks up in February

The corporate lending stock of Hungarian banks was up in February from the previous month as companies were net borrowers,...

Telco

Retail lending stock of banks unchanged in February

The retail lending stock of Hungarian banks was stable in February compared to the previous month, fresh data from the...

Telco

CEZ announces conditional sale of 7.5% stake in MOL

Czech energy company CEZ announced this morning the conditional sale of a 7.5% stake in Hungarian oil and gas company...

Telco

Duna House board proposes HUF 479 mln dividend

The board of property company Duna House will propose to shareholders payment of a HUF 479 million dividend on last...

Telco

MKB Bank partners with farm machinery vendors

MKB Bank signed a cooperation agreement with the Hungarian Association of Agricultural Tools and Machinery Distributors (Megfosz) on Tuesday, Hungarian...

Telco

MNB policy-makers set HUF 500 bln limit on 3M depo for end of Q2

The Monetary Council of the National Bank of Hungary (MNB) set a HUF 500 billion limit on the stock of...

Telco

Rába shareholders want bigger dividend

A group of shareholders of Rába has proposed a draft resolution added to the agenda of the automotive companyʼs AGM...

Telco

Appeninn board proposes HUF 7-per-share dividend

The board of property holding company Appeninn will propose to shareholders payment of a HUF 7-per-share dividend on last yearʼs...

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...