Telco

Telco

BUX down as MOL plummets

The Budapest Stock Exchangeʼs main BUX index finished down 2.10% at 26,521.19 Tuesday after gaining 0.29% on Monday, Hungarian news...

Telco

Corporate lending stock falls on FX repayments, stronger forint

Corporate lending stock of Hungarian banks dropped slightly in April as FX loan repayments and revaluations more than offset borrowing...

Telco

BUX makes moderate gain on cue of W European markets

The Budapest Stock Exchangeʼs main BUX index finished the session on Monday up 0.29% at 27,089.72 on low turnover, producing...

Telco

MNB net loss on interest revenue narrows

The National Bank of Hungary booked a net loss of HUF 42.7 billion on interest revenue last year, an annual...

Telco

Richter rally lifts BUX

The Budapest Stock Exchangeʼs main BUX index finished the session on Friday up 1.33% at 27,011.72, rising on a rally...

Telco

BUX edges down

The Budapest Stock Exchangeʼs main BUX index finished down 0.18% at 26,656.81 Thursday, Hungarian news agency MTI reported....

Telco

KELER group books HUF 1.8 bln net profit in 2015

Clearing house and central depository group KELER had net profit of HUF 1.78 bln last year, the company said today,...

Telco

Bosch Hungaryʼs revenue grows 16% in 2015

The Hungarian subsidiary of German engineering giant Bosch saw its revenues grow by 16% over the preceding year, to HUF...

Telco

BUX edges down, falls behind Western European peers

The Budapest Stock Exchangeʼs main BUX index finished down 0.03% at 26,704.47 Wednesday after gaining 1.30% on Tuesday....

Telco

MNB: Hungarian banks see profits rise by 209% in Q1

Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4...

Telco

Zwack profit, revenue edge down

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, edged down 1% to HUF 1.7 billion in the business year...

Telco

Vienna Insurance Group posts lower pre-tax profit in Q1

Austriaʼs Vienna Insurance Group had pre-tax profit of €101.5 million in the first quarter, down 22.5% from a year earlier,...

Telco

BUX tracks Western European peers higher

The Budapest Stock Exchangeʼs main BUX index finished up 1.30% at 26,711.67 Tuesday after losing 0.25% on Monday....

Telco

Turawell to build HUF 10 bln geothermal power plant, greenhouse

Turawell is spending HUF 10 billion to build a geothermal power plant and greenhouse in Tura, near Budapest, thermal well...

Telco

BUX falters after strong morning start

The Budapest Stock Exchangeʼs main BUX index finished down 0.25% at 26,368.25 Monday after gaining 2.69% on Friday....

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...