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Telecommunications

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No More Printed Telephone Directories in Hungary

D&T
Jan 11, 2023

From 2022, telecom companies in Hungary are no longer obliged to display their subscribers' data in books or any other medium, ending the era of printed phone book after 140 years. Magyar Telekom's printed copies last year were the last ones in this category. One of the copies was donated to the Postal Museum. The […]

Yettel, a Stable and Long-Standing Partner

Sándor Laczkó
Dec 8, 2022

Yettel Hungary Ltd., one of the nationwide mobile phone operators in Hungary, is spending HUF tens of billions to modernize its mobile network nationwide, having acquired several spectrum parts at the national tenders for frequency. Diplomacy&Trade asked the Chief Legal and Reputation Officer at Yettel Hungary, Márk Erdélyi, what this modernization entails and in what […]

Yettel to Further Develop its National Mobile Network

D&T
Nov 1, 2022

One of Hungary’s mobile communications service providers, Yettel is spending HUF tens of billions to modernize its mobile network nationwide, the development could almost triple the capacity of the network, making it faster and more reliable in many respects, the company told the state news agency MTI. The development of the core network will enable […]

BT Invests in New Office in Debrecen

D&T
Oct 26, 2022

BT (British Telecommunications) has announced the signing of a new agreement to relocate its operations in Debrecen to a state-of-the-art office in Great Forest city park, Forest Offices. Around 500 employees based in Hungary’s second biggest city will move to the new location in 2023. The new office space will reflect BT’s “smart working” principles […]

Vodafone Hungary To Be Nationalized for EUR 1.8 Bn

D&T
Aug 22, 2022

Vodafone Group has entered into heads of terms with 4iG Public Limited Company and Corvinus Zrt. in relation to the potential sale of 100% of Vodafone Magyarország Távközlési Plc. (Vodafone Hungary) for a total cash consideration equivalent to an enterprise value of HUF 715 bn (EUR 1.8 bn), according to a press statement by Vodafone. […]

Magyar Telekom Switches Off its 3G Mobile Network

D&T
Jul 1, 2022

Magyar Telekom, the leading Hungarian telecommunications service provider, has announced that it has switched off its 3G network, which is no longer available anywhere as of today. The Company is also preparing for the needs of the future and will continue its multiyear network modernization program launched in 2020. The purpose of the modernization is […]

Magyar Telekom to Acquire Fiber Network

D&T
Jun 18, 2022

Magyar Telekom, the leading Hungarian telecommunications service provider, has announced on the website of the Budapest Stock Exchange that it has exercised its call option on the business quota of Cecoin Ltd. allowing it to acquire a fiber network covering 110,000 access points in Hungary for a purchase price of HUF 6.95 billion. In 2014, […]

Magyar Telekom to Pay HUF 25 Bn 'Extra Profit' Tax

D&T
Jun 6, 2022

Hungary’s leading telecommunications service provider Magyar Telekom has announced that under Government Decree 197/2022. (VI.4.) on the extra profit taxes, the expected magnitude of supplementary telecommunication tax payable by Magyar Telekom Group for the year 2022 is approximately HUF 25 billion. The company statement highlights that on June 4, 2022 the Hungarian government issued a […]

Nokia Launches 5G-Related R&D Program in Budapest

D&T
May 31, 2022

Up to 150 high value-added jobs will be created by Nokia Solutions and Networks Ltd. at their Budapest R&D center to conduct research on 5G technology. The program will cost EUR 6.8 million (over a quarter of which is covered by Hungarian taxpayers according to a government decision, and promises to trigger the development of […]

Vodafone HU Reinforces Network on Ukraine Border

D&T
Feb 26, 2022

In the framework of international cooperation, a Czech Vodafone team arrived today from Prague with two extra mobile base stations to reinforce Vodafone Hungary’s network capabilities. The measure, in the implementation of which the Czech team works together with Hungarian network engineers, is aimed for Vodafone to be ready to serve customers in case of […]

Good Year for Magyar Telekom

D&T
Feb 25, 2022

Total revenue at the Hungarian telecommunications service provider Magyar Telekom increased by 2.5% year-on-year to HUF 193.6 billion in Q4 2021, or 4.0% year-on-year to HUF 700.1 billion for the full year, primarily driven by increases in telecommunication service revenue, particularly mobile data which offset the lower System Integration and IT (SI/IT) sales in both […]

Connecting the Region

Sándor Laczkó
Nov 12, 2021

Türk Telekom International (TTI) is a leading telecommunication operator in the CEE region, Turkey, Caucasus, Middle-East and Asia. It provides a full range of Internet/data services, infrastructure and wholesale voice services to incumbents, alternative carriers, mobile operators, cable TV companies, Internet service providers and corporate customers. Diplomacy&Trade talked to Türk Telekom International Group CEO, Şükrü […]

Fixed Line Phone Still Used by Many Hungarians

D&T
Jun 29, 2021

The National Media and Infocommunications Authority (NMHH) surveyed Hungarians aged 14 and over to find out who still has a fixed line phone, and the results of the representative survey show that half of the population still uses it. Almost 90% of those surveyed have a landline phone only because of a package they can […]

Vodafone 5G Service Extended in Budapest

D&T
Mar 6, 2021

Vodafone is the first among domestic service providers to enable 5G connection to its customers in the majority of the residential areas of Budapest: 5G has been connected to more than 200 base stations in the capital and in the surrounding metropolitan area. Vodafone has also announced that by the end of the first quarter […]

Magyar Telekom headquarters in Budapest

Magyar Telekom Acquires Frequency Usage Rights

D&T
Jan 30, 2021

Magyar Telekom, the leading Hungarian telecommunications service provider has announced that – in the auction procedure for the entitlements of frequency use of the 900 MHz and the 1800 MHz frequency bands –, it has won the rights of use of 2×8 MHz in the 900 MHz band for HUF 18.48 billion and 2×20 MHz […]

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