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T-Online Hungary Zrt, the ISP unit of Hungary's incumbent telco Magyar Telekom Nyrt, will launch internet-based commercial television services (IPTV) on November 6, the company announced on Wednesday.
T-Online said it aimed to sign up 50,000 subscribers within the first year of offering the service, which requires only a TV set and a special set-top box. The company did not reveal how much it had to spend to start the services, but the set-top boxes could reportedly cost Ft 20,000-Ft 80,000 apiece, while the costs of accessing users are €5-€10 per user.
Internet company TVnet Kft earlier launched a pilot IPTV project in Budapest with a Ft 100 million investment.