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Telecommunications

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World Telecom Day

D&T
May 17, 2020

In Hungary, 71% of households have a mobile broadband connection, the use of which has spread extremely quickly, the country's Central Statistical Office (KSH) reports. World Telecommunication Day has been celebrated annually on May 17 since 1969. The date marks the anniversary of the founding of the International Telecommunications Union (ITU) on this day in […]

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 […]

Magyar Telekom headquarters in Budapest

Magyar Telekom Revises Management Structure

D&T
Dec 7, 2019

Magyar Telekom, the leading Hungarian telecommunications service provider has announced that the its Board of Directors resolved to streamline its management structure by re-allocating the tasks and responsibilities of the Management Committee to the Chief Officers and to the Board of Directors of the Company with effect from January 1, 2020. Additionally, the Board of […]

4G Networks Dominant at Hungarian Service Providers

D&T
Dec 6, 2019

The importance of 4G networks continued to grow in the second quarter of 2019 with over 95% of mobile Internet traffic and 17% of domestic call traffic already on 4G , showing an increase of 1.4 percentage points and 5 percentage points, respectively, compared to the end of 2018, says the latest mobile market report […]

UPC Brand to Disappear from Hungary

D&T
Oct 4, 2019

The UPC brand currently used by Vodafone Hungary will be phased out from the Hungarian market from April, hwsw.hu reports, citing Vodafone Chief Executive Officer Amanda Nelson. The move comes nearly one year after the British telecommunications giant acquired Liberty Global's cable business in the Czech Republic, Germany, Hungary and Romania. Liberty was present in […]

Mobile phone users in Hungary

5.3 million Smartphone Users in Hungary

D&T
Sep 11, 2019

The number of smartphone users in Hungary is 5.3 million, which equals 89% of all internet users in the country. The number of people using a mobile internet connection has increased by 1.7 million to almost 4.5 million between 2017 and May 2019. The major role that smartphones play in our lives is proven by […]

Vodafone

Vodafone Gets EU Go-Ahead to Purchase UPC Hungary

D&T
Jul 18, 2019

European Commission Clears Vodafone's Bid to Buy Liberty Global Units The European Commission granted approval for Vodafone to acquire Liberty Global's cable business in Czechia, Germany, Hungary and Romania in exchange for full compliance with commitments previously undertaken by Vodafone. As a result, the U.K.-based telecommunications giant will become the new owner of UPC Hungary. […]

T-Systems headquarters, Budapest

T-Systems Hungary to Be Acquired by 4iG

D&T
Jul 15, 2019

Magyar Telekom, the leading Hungarian telecommunications service provider, has announced that it has signed Heads of Terms with Hungarian company 4iG about the sale of its fully-owned subsidiary T-Systems Hungary, which offers a full range of ICT solutions. Under the Heads of Terms, 4iG will purchase all the shares of T-Systems by the close of […]

| UPC Hungary

Vodafone buys UPC Hungary from Liberty Global

D&T
May 11, 2018

US television and broadband company Liberty Global entered into a definitive agreement to sell its operations in Romania, the Czech Republic, Hungary and Germany to Vodafone Group, the world's second-largest mobile carrier, for EUR 18.4 billion.

UPX cable media box | upc.hu

UPC Hungary digital sales boosted

D&T
Nov 6, 2017

Telecommunications service provider UPC Hungary saw its sales of digital services boosted in the third quarter of 2017. During this period, UPC Hungary surpassed the 2 million subscriptions milestone and delivered an impressive revenue growth of 10,2%.

First 5G connection in Hungary | facebook.com/EricssonMagyarorszag

First 5G data connection in Hungary

D&T
Oct 19, 2017

Ericsson and Magyar Telekom have held a demonstration of the first 5G New Radio at the Ericsson R&D centre in Budapest on Thursday. The first implementation of its kind in Hungary achieved download speeds of 22 gigabits per second (Gbps).

| Shutterstock.com

Invitel Telecom to be purchased by Digi

D&T
Jul 24, 2017

Romanian telecom operator Digi Communications is to buy Invitel Telecommunications Co. Ltd., one of the key operators on Hungary’s telecom market, for EUR 140 million. The transaction will be carried out through Digi’s Hungarian subsidiary.

Crnogorski Telekom building in Podgorica | source: network-communication.me

Magyar Telekom sells Montenegrin unit

D&T
Jan 10, 2017

Hungarian telecoms group Magyar Telekom has signed an agreement with Hrvatski Telekom d.d. for the sale of its majority (76.53%) stake in Crnogorski Telekom A.D. Podgorica. The value of the package is about HUF 38 billion (some EUR 123.5).

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