Telco

Telco

Analysts eye MNB’s 3M depo

The Monetary Council (MC) of the National Bank of Hungary (MNB) is expected to keep its base rate unchanged tomorrow;...

Telco

Voluntary pension fundsʼ assets up 7.5% in Jan-Sep

Voluntary pension funds belonging to the National Association of Voluntary Funds (ÖPOSZ) increased their assets by 7.5% in January-September from...

Telco

Town of Lenti adds spa, hotel development

A new development has been inaugurated by the local council in the local spa of Lenti, a town in Hungary...

Telco

ANY Q1-Q3 profit climbs 33% on rising revenue, one-off factor

Net income of Hungarian printing company ANY Security Printing rose 33% year-on-year in the first three quarters of 2016 to...

Telco

Investment funds assets down 0.18% in October, says BAMOSZ

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

Telco

FHB loss down in Q3

FHB Mortgage Bank booked a HUF 223 million after-tax loss in the third-quarter, narrowing from a HUF 502 mln loss...

Telco

State-owned NIF announces winners to build M44

The state-owned National Infrastructure Development Company (NIF) has announced the winners of tenders to construct a 62-kilometer stretch of a...

Telco

Rába breaks even in Q3 on slightly improved margin

Hungarian automotive industry company Rába broke even in the third quarter, after booking an after-tax loss of HUF 173 million...

Telco

Hungarians set to spend HUF 1 trillion in December

Based on currently available retail data, Hungarians could spend a record of HUF 1 trillion in stores and malls in...

Telco

Net sales of retail govʼt securities reach HUF 116 bln in October

Net sales of forint-denominated government securities targeted at retail investors came to HUF 116.6 bln in October, bringing the total...

Telco

Demand grows for family home purchase subsidies

Demand for the governmentʼs expanded home purchase subsidies for families is growing, a survey of lenders by Hungarian news agency...

Telco

Banking sector liquidity falls in October

The forint liquidity of Hungaryʼs banking sector fell in October from a month earlier, the National Bank of Hungary said...

Telco

Duna House shares a little over IPO price on first trading day

Shares of real estate broker Duna House were trading at HUF 4,000 shortly before 10:00 this morning, their first day...

Telco

Linamar eyes HUF 7.2 bln expansion in Hungary

Canada-based Linamar Hungary, a farm machinery and vehicle spare parts manufacturer, is planning to expand its Hungarian plants in Békéscsaba...

Telco

Lower risk costs lift OTP profit close to HUF 70 bln in Q3

OTP Bank’s third-quarter after-tax profit reached HUF 69.8 billion, improving from a HUF 3.7 bln loss in the base period...

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...