Gov't not interested in purchasing mobile service provider

Issues

Hungary's government is not interested in purchasing a mobile service provider, National Development Minister Zsuzsanna Németh told a joint session of Parliament's economic and local-council committee's on Monday. Recent rumors suggested that the government was interested in purchasing the local unit of mobile-service provider Vodafone. In February the Kúria, Hungary's supreme court, upheld a September court decision annulling the results of a frequency auction held in early 2012 that awarded state-owned telco MPVI the right to build its own network. The court said that according to the annex of the government decree effective at the time, the frequency that MPVI obtained cannot be allocated to a state-owned company.

ADVERTISEMENT

Households Continue to Make Net Withdrawals in Oct Banking

Households Continue to Make Net Withdrawals in Oct

Gov't Keeps Rate on General-purpose Student Loans at 7.99% Government

Gov't Keeps Rate on General-purpose Student Loans at 7.99%

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ing... Deals

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ing...

4-legged Guests Welcome at Hungary's 1st Hampton by Hilton Hotels

4-legged Guests Welcome at Hungary's 1st Hampton by Hilton

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.