Magyar Telekom, the market leader in mobile communications in Hungary, announced the start of big optical network investments in Győr (NW Hungary) on Friday. According to the statement, Magyar Telekom intends to contribute to the country's digitization goals through its network developments, continuing the strategy it began in recent years. As part of this, the […]

Listed ICT and telecom company 4iG said on Monday that its unit 4iG Telecommunication Holding acquired 99% of telecommunications operator Netfone Telecom. Netfone Telecom has a nationwide sales network, manages 106,000 SIM cards and has become a dominant player in the Hungarian mobile virtual network operator market. Following the transaction, Netfone Telecom will continue to […]

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. […]