Sweden's Ericsson and the North Macedonian units of Hungary's 4iG Group and have signed a memorandum of understanding on strategic cooperation, according to a statement published on Monday. The strategic partnership outlined in the MoU, signed by 4iG unit One Macedonia and Ericsson Telecommunications Macedonia, aims to involve Ericsson in the design, delivery and commissioning […]
Following on from the second half of last year, Yettel continued to provide the fastest mobile internet access in Hungary in the first six months of 2025, according to Ookla Speedtest Intelligence and szelessav.net's national average speed measurements, the mobile operator told MTI on Thursday. Based on tests conducted by the independent international organization Ookla, […]
The three largest Hungarian mobile internet service providers have increased the roaming data allowance in their price plans, changed the composition of their subscription packages, and there has been no inflation-linked price adjustment this year, the National Media and Infocommunications Authority (NMHH) told MTI on Wednesday, based on its first-half summary of changes in mobile […]
Magyar Telekom, the leading Hungarian telecommunications service provider, has announced on the website of the Budapest Stock Exchange that it held an Extraordinary General Meeting, at which a decision was made to separate the Company’s passive mobile infrastructure portfolio into a 100% owned subsidiary. With the spin-off adopted by the General Meeting, Magyar Telekom Plc. […]
Magyar Telekom, the leading Hungarian telecommunications service provider, has announced on the website of the Budapest Stock Exchange that it has entered into an agreement to sell ViDaNet Plc., a company providing fixed services, to URSUS Investment and Asset Management Plc.. In a multi-step process, Magyar Telekom is divesting its shareholding in ViDaNet Plc., while […]
From January, Vodafone Hungary continues to operate under the name One Hungary Plc., the Vodafone HU mobile network is renamed One, and the Vodafone and Digi business networks are merged, the company 4iG told MTI on Thursday. In addition to the One brand, which previously covered Vodafone and Digi's residential and small business services, the […]
Group revenue increased by 13.8% year-on-year in Q3 2024, reflecting continued growth in service revenue driven by customer base expansion and ARPU increases as well as impacts from the inflation-based fee adjustment at the Hungarian operation. Higher equipment sales and SI/IT revenue also contributed to the quarterly increase, Magyar Telekom reported on the website of […]
In the Sziget Festival's area of just over one square kilometer, Yettel has built a network that can serve up to 60-80,000 people at the same time, the telecommunications partner of the event announced on the occasion of the opening of the festival. One of Europe's largest light music and cultural events attracts hundreds of thousands […]
2022 was a good year for Yettel Hungary: the telecom operator's revenue grew at a double-digit rate to EUR 615 million in accordance with international accounting standards, while its profit after tax was slightly lower at EUR 6 million, József Takács, Deputy Chief Financial Officer of Yettel Hungary, said at a press briefing on Tuesday. […]
The Hungarian state-owned Corvinus International Investment Ltd. has concluded agreements on the sale of its 25% stake in Yettel Hungary Plc. and Yettel Real Estate Hungary Plc. and its 20% stake in CETIN Hungary Plc, the Ministry of Economic Development (GFM) told MTI on Tuesday. According to the information, the buyer is the Dutch holding […]
Yettel has become the first company in Hungary – and in the world – to launch its 'standalone' 5G technology, the most advanced of the 5G network, the company told MTI on Monday. It said that while the currently deployed 5G networks still rely on 4G to build the connection, the newly launched standalone 5G […]
Hungarian mobile services provider Yettel has recorded a 54% increase in data traffic nationwide and a 35% increase in data traffic around Lake Balaton and Lake Velence, while roaming traffic in Croatia doubled this summer compared to last year, the operator told MTI on Wednesday. The busiest week of the summer on Yettel Hungary's mobile […]
Group revenue increased by 14.0% year-on-year in Q2 2023, owing to continued strong demand for mobile data and fixed broadband services coupled with the positive effects of inflation-based fee adjustments implemented in Hungary. The mobile service provider reported on the website of the Budapest Stock Exchange that gross profit improved in line with revenue trends, […]
Magyar Telekom, the leading Hungarian telecommunications service provider, has announces that as the next phase in its mobile network modernization program, from June 1, 2023, it increases its population-based outdoor 5G coverage to 60%. Magyar Telekom is continuing its multi-year mobile network modernization program this year, aiming to upgrade, maintain and improve service quality and […]
Group revenue grew by 12.5% year-on-year in Q1 2023, thanks to continued strong demand for mobile data coupled with further increases in broadband revenues and higher system integration and IT revenues, the telecom service provider reported on the website of the Budapest Stock Exchange. Gross profit improved in line with revenue trends, growing by 13.1% […]
