Telco

Telco

Household lending stock of banks up in January

The household lending stock of Hungarian banks rose in January from the previous month, fresh data from the National Bank...

Telco

Retail lending stock of banks up in January, says MNB

The retail lending stock of Hungarian banks rose in January from the previous month, fresh data from the National Bank...

Telco

OTP board to propose HUF 190-per-share dividend

The board of OTP Bank will propose payment of a HUF 53.2 billion dividend on last yearʼs earnings, CFO Laszlo...

Telco

Interspar opens 33rd hypermarket via HUF 4.1 bln investment

Spar Magyarország, the Hungarian subsidiary of the international food retail chain, has opened a 7,000 sqm mall including a 3,000...

Telco

MNB profit reaches HUF 54 bln in 2016

The National Bank of Hungary (MNB) posted profit of more than HUF 54 billion last year, the central bank said...

Telco

Turnover on Budapest bourse up in February

Share turnover on the Budapest Stock Exchange reached HUF 202 billion in February, up from HUF 177 bln in January...

Telco

MOL net income reaches HUF 43.5 bln in Q4

Hungarian oil and gas company MOL booked net income of HUF 43.5 billion in the fourth quarter, improving over a...

Telco

MNB to scrutinise banks that took up lending-linked IRS

The National Bank of Hungary (MNB) will review banks that bid for an interest rate swap (IRS) linked to lending...

Telco

Voluntary, private pension fund membership drops

Membership in Hungarian voluntary and private pension funds declined last year, data compiled by the National Bank of Hungary (MNB)...

Telco

New Puskas Stadium to cost HUF 190 bln

The government has approved the budget for reconstruction of Budapest’s Puskás Ferenc Stadium, the home of the national soccer team,...

Telco

Banking sector profitable in 2016 after losses in 2015

Hungarian banksʼ combined after-tax profit in 2016 came to HUF 456.2 billion compared to a HUF 29.1 bln loss in...

Telco

MTel to slightly cut back on investments in 2017

Magyar Telekom will slightly cut back on the amount of money it invests this year into network developments to compensate...

Telco

Corporate tax cut lifts Magyar Telekom profits in Q4

Magyar Telekom booked after-tax profit of HUF 20.5 billion in Q4 – five times the amount in the base period...

Telco

CIG Pannónia Life Insurance revenues edge up in 2016

CIG Pannónia Life Insuranceʼs net revenues from premiums edged up 1% to HUF 15.8 billion in 2016, an earnings report...

Telco

Hungary’s real wages up 7.4% in 2016

Real wages in Hungary were up by 7.4% in 2016, compared to the preceding year, along with a 0.4% rise...

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...