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 […]
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.
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%.
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).
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.
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).
The International Telecommunication Union (ITU), which marks its 150th anniversary this year, has began a four-day World Congress in the Hungarian capital. The event focuses on the solutions, policies, projects and initiatives accelerating ICT innovation worldwide.
Chinese multinational networking and telecommunications equipment and services company Huawei has been awarded, without a public procurement tender, the job of setting up Hungary’s fourth mobile network in the 450 MHz frequency band.
In 2014 and 2015, all Hungarian state institutions will use Vodafone as their mobile service provider. The net value of the framework contract is HUF 4.5 billion (EUR 15 million), three times higher as Telenor received for the previous two years of services.
The European Commission has launched an infringement procedure against Hungary concerning a levy on phone calls and text messages introduced in 2012, the Hungarian news agency MTI learned from unnamed sources.
Three Hungarian companies and a consortium comprising three local enterprises have won frequency blocks in the 900 MHz frequency band in a tender for the country’s fourth mobile service provider. Winning bids total HUF 43.9 billion + VAT.
Hungaro DigiTel endeavours to create a win-win situation in customer relations, says the company's general manager, António Felizardo in a recent interview with Diplomacy and Trade in the shadow of huge satellite antennas.
The European Commission has found Hungary's surtax on the telecom sector in breach of EU regulations but the Hungarian government says it will not revoke the tax and is willing to defend it before the European Court of Justice if needed.
The latest "State of the Internet Report" says Hungary is among the top countries in the world regarding the average connection speed, the proportion of broadband connections and penetration from mobile networks, as well.
Hungary’s Magyar Telekom, controlled by Deutsche Telekom, has announced on Wednesday that it has embarked on a large scale modernisation of its mobile network with its long-standing partner, Ericsson.
