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Magyar Telekom

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New CEO at T-Systems Hungary

D&T
Sep 22, 2020

Magyar Telekom, the leading Hungarian telecommunications service provider, has announced that based on the decision of the Company's Board of Directors, Gábor Gonda will be the Chief Commercial Officer Enterprise and CEO of T-Systems Magyarország Zrt. as of November 2, 2020. Gábor Gonda takes on his new position as the CEO of T-Systems with 21 […]

Telekom Expands 5G Service Area in Hungary

D&T
Aug 26, 2020

By the end of August, Magyar Telekom’s service achieved another milestone by switching on dozens of new stations, and thus, the commercial service, offering gigabit download speed is already available in 23 settlements, a press release by the company says. On April 9, Magyar Telekom launched their commercial 5G service, which can be used with […]

Declining Revenues at Magyar Telekom

D&T
Aug 6, 2020

Magyar Telekom has published its financial results for the second quarter and first half of 2020 on the website of the Budapest Stock Exchange. Among the financial highlights, the company says revenues declined by HUF 3.6 billion, or 2.2% year-on-year, to HUF 157.2 billion in Q2 2020, driven by lower contribution from the SI/IT business […]

Mobile Services Back to Normal

D&T
Jul 2, 2020

Telecommunications companies say data traffic has now largely shifted back to pre-coronavirus levels, the daily Világgazdaság writes, having asked major mobile operators about the topic. Compared to the increased network traffic in the spring due to the epidemic, there is now a decline in both voice calls and data traffic, but there is still a […]

Telekom Expands 5G Capacity around Lake Balaton

D&T
Jun 24, 2020

In July, Magyar Telekom will make available for the first time, with 15 base stations in six waterfront cities – Siófok, Tihany, Balatonalmádi, Fonyód, Balatonföldvár and Balatonszabadi-Sóstó – a 5G service, which enables even higher bandwidth and the simultaneous connection of many more devices. According to the plans, the number of Telekom's stations providing 5G […]

Magyar Telekom: Slight Growth in Q1 2020

D&T
May 14, 2020

Total revenues at the Magyar Telekom Group in the first quarter of 2020 amounted to HUF 159.333 billion, which is 0.2% higher compared to the corresponding period in 2019, according to the Group’s latest financial report. The operating profit in the first three months of the year was HUF 12.723, 1.1% more than a year […]

Magyar Telekom Launches Commercial 5G Service

D&T
Apr 9, 2020

Magyar Telekom has begun its commercial 5G data transmission service. Initially, it is available in certain parts of Budapest and Zalaegerszeg, SW Hungary. 5G technology, allowing data transmission rates significantly higher than earlier, low latency, and the connection of a vast amount of network devices shall open up a number of new possibilities for residential […]

5G frequencies sold in Hungary

D&T
Mar 30, 2020

Magyar Telekom, Telenor and Vodafone have paid HUF 128.49 billion altogether for the 15-year use of bandwidths suitable for 5G standard data transmission. The bandwidths were auctioned by the National Media and Infocommunications Authority (NMHH) late March. According to the Authority, the auction, held under stringent precautionary measures, saw "intensive competition," although, only the three […]

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