Telco

Telco

Budapest Festival Orchestra to receive HUF 200 mln less in funding

The Budapest Festival Orchestra (BFO) will receive only HUF 60 million in funding from the City of Budapest this year,...

Telco

General government deficit at HUF 144.9 bln in April, near 19% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 144.9 billion at the end of April, a first reading of...

Telco

ÁSZ: Deficit target high, but revenue target achievable

The target for the structural deficit in the Hungarian governmentʼs 2017 budget bill is higher than the medium-term objective, which...

Telco

Ministry, Budapest Transport Company sign contract for M3 renovation

Tibor Bolla, chairman of transport company BKV, and Florián Szalóki, development ministry deputy state secretary, yesterday signed a contract to...

Telco

BUX climbs nearly 2%, outperforming European peers

The Budapest Stock Exchangeʼs main BUX index finished the session on Monday up 1.89% at 26,623.71, outperforming its peers in...

Telco

MNB to pay dividend to budget by June at the latest

The National Bank of Hungary (MNB) is expected to pay a HUF 50 billion dividend from last yearʼs earning into...

Telco

BUX falls behind Western European peers

The Budapest Stock Exchangeʼs main BUX index finished down 0.42% at 26,128.84 Friday after gaining 0.11% on Thursday....

Telco

KSH: Hungary’s trade surplus drops to €966 mln in March

Hungary’s surplus on the trade balance was down by €44 million in March as compared to the same month a...

Telco

Graphisoft Park profit falls as revenue edges down following development

Graphisoft Park, a listed company that owns and operates a business park in the north of the capital, had after-tax...

Telco

MOL Q1 earnings jump on base effect

Hungarian oil and gas company MOLʼs consolidated first-quarter net income jumped 165% year-on-year to HUF 77.2 billion due to a...

Telco

Slimmer margin, weaker ruble weigh on Richter earnings

Hungarian drugmaker Gedeon Richterʼs first-quarter net income slipped 19% year-on-year to HUF 12.2 billion on a narrower margin and exchange...

Telco

BUX falls with Western European peers

The Budapest Stock Exchangeʼs main BUX index finished down 1.23% at 26,212.15 on Wednesday....

Telco

Magyar Telekom plans expansion of broadband service

Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, plans to expand its broadband internet service coverage in...

Telco

Magyar Telekom Q1 profit jumps on one-offs, improved margin

Magyar Telekomʼs first-quarter net income more than quadrupled to HUF 10.7 billion from HUF 2.5 bln in the base period...

Telco

Government submits amendment raising budget revenue, expenditures by HUF 407 bln

Hungaryʼs government submitted an amendment to Parliament late yesterday that would raise the expenditure and revenue sides of this 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...