Telco

Telco

Masterplast Q4 loss narrows

Hungarian building materials maker Masterplast booked a net loss of €476,000 in the fourth quarter, improving over a loss of...

Telco

Garantiqa surety stock climbs 14% in 2015

Garantiqa Hitelgarancia saw its surety stock rise 14% to HUF 366 billion last year, Hungaryʼs biggest guarantor said in a...

Telco

ÁKK to raise interest premium on Bonus bonds

Hungaryʼs Government Debt Management Agency (ÁKK) yesterday said it had decided to raise the interest premium on Bonus Hungarian Government...

Telco

BUX rebounds with European peers

The Budapest Stock Exchangeʼs main BUX index finished the session on Thursday up 1.67% at 23,323.68, rebounding with its peers...

Telco

Magyar Telekom Q4 profit more than doubles

Magyar Telekomʼs fourth-quarter net income jumped 117.7% to HUF 3.35 billion from the same period a year earlier, an earnings...

Telco

Hungarian banking sector finishes 2015 just under break-even

Hungaryʼs banking sector had a combined after-tax loss of HUF 3 billion in 2015, a big improvement over a HUF...

Telco

BUX down on weak performance of blue-chips

The Budapest Stock Exchangeʼs main BUX index finished down 1.00% at 22,940.84 on Wednesday after losing 0.69% on Tuesday with...

Telco

Magyar Telekom board proposes HUF 15-per-share dividend

Magyar Telekomʼs board will propose to shareholders the payment of a HUF 15-per-share dividend for the 2015 business year, the...

Telco

MOL books HUF 438 bln Q4 loss on asset write-downs

Hungarian oil and gas company MOL booked a net loss of HUF 437.7 billion in the fourth quarter on asset...

Telco

BUX down on weak OTP

The Budapest Stock Exchangeʼs main BUX index finished down 0.69% at 23,171.97 on Tuesday after gaining 0.69% on Monday....

Telco

CIG Pannónia posts profit in 2015

Hungaryʼs CIG Pannónia Life Insurance booked after-tax profit of HUF 928 million in 2015, improving from a HUF 170 mln...

Telco

Deutsche Telekom to open region’s first data center in Hungary

Telecom giant Deutsche Telekom AG, which is the parent of Hungary’s Magyar Telekom, is planning to establish the first data...

Telco

Official: Balanced budget within reach

A balanced budget calculated according to ESA deficit rules for 2017 is within reach, state secretary Péter Benő Bánai said...

Telco

BUX up with modest gains

The Budapest Stock Exchangeʼs main BUX index finished up 0.69% at 23,332.71 on Monday after gaining 0.04% on Friday....

Telco

Hell Energy drink company to invest HUF 25-30 bln in Hungary

Hungarian-owned energy drink manufacturer Hell Energy Magyarország is planning to invest HUF 25-30 billion in the country in the next...

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...