Tag: magyar_telekom

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Hungary 4iG has regional plans following T-Systems acquisition

July 10, 2019, 11:29 am
As reported yesterday , exchange-listed IT group 4iG is buying T-Systems Hungary, the IT unit of Magyar Telekom. We sent a number of questions to both 4iG and T-Systems regarding the deal; below are the... 

How will the sale of T-Systems change Hungary's Magyar Telekom?

July 9, 2019, 5:07 pm
In view of the how T-Systems fared over the last few years, the sale of its subsidiary to 4iG could reduce its sales revenue by nearly one sixth, whereas its profit is not seen changing meaningfully. ... 

Hungary 4iG is buying T-Systems

July 9, 2019, 12:22 pm
Rumours proved to be truet, 4iG is buying one of the Hungarian IT market’s largest player, T-Systems that is a market leader in several segments. Magyar Telekom’s subsidiary is immense compared... 

Hungarian fund managers have new top pick

July 5, 2019, 10:20 am
Leaving its all-time high behind, the general index of the Budapest Stock Exchange (BSE) dropped sharply in May. Although it made several attempts to make up for the loss in June, these pursuits fizzled... 

Deutsche Telekom expands cloud services in Hungary too

June 6, 2019, 2:57 pm
Deutsche Telekom is expanding its cloud services for Central and Eastern Europe. Together with Microsoft, it will provide highly standardized cloud acceleration services across nine countries, including... 

Hungarian fund managers divided over Mol

May 13, 2019, 3:37 pm
Benchmark stock indices rose on both sides of the Atlantic Ocean. The general index of the Budapest Stock Exchange (BSE) reached a new all-time high amidst the buoyant sentiment, although its momentum... 

Magyar Telekom records splendid first-quarter revenues

May 9, 2019, 3:40 pm
Magyar Telekom, Hungary’s leading telecommunications group, had a great start in 2019, as regards its revenues. It has recorded growth in every segment, driven mainly by equipment sales and mobile... 

Hungary's Magyar Telekom has no problem with sales

May 7, 2019, 8:28 am
Hungary’s leading telecommunications group, Magyar Telekom, is set to publish its earnings report for the first quarter of 2019 after the closing bell on the Budapest Stock Exchange (BSE) on 8 May.... 

Magyar Telekom distributes HUF 26 billion as dividend

April 9, 2019, 4:41 pm
Magyar Telekom, Hungary’s leading telecommunications group, has held its annual general meeting on Tuesday, where shareholders also voted on the size of dividend MTel should pay. The AGM approved... 

Today is the big day for Magyar Telekom

April 9, 2019, 8:32 am
We’re in the middle of the general meeting season that kicked off with the AGM of Nyomda on Monday and will be continues with the AGM of Magyar Telekom today. Shareholder are, of course, focusing... 

Hungary PM Orbán meets Deutsche Telekom CEO

March 29, 2019, 5:23 pm
Hungary’s Prime Minister Viktor Orbán has received in his office Timotheus Höttges, Chief Executive of Deutsche Telekom (DT), Srini Gopalan, Deputy CEO in charge of Europe, and Tibor Rékasi, CEO... 

Hungary Magyar Telekom to pay HUF 25 dividend per share

March 19, 2019, 8:22 am
The Board of Directors of Magyar Telekom, Hungary’s leading telecommunications group, proposes a dividend distribution in total HUF 26.068 billion to be approved by the Annual General Meeting of... 

Hungary's Magyar Telekom to pay higher dividend

February 21, 2019, 8:45 am
The management of Hungarian telco Magyar Telekom recommends paying a higher dividend on last year's profit after the company performed above expectations in Q4 2018, the company announced late on Wednesday.... 

Thrilling days await Hungary's Magyar Telekom

February 19, 2019, 11:51 am
Magyar Telekom is set to release its earnings report for the fourth quarter of 2018 on Wednesday, and management will hold a presentation for investors about the company’s medium-term strategy on... 

Reporting season to kick off in Hungary - What to expect?

February 6, 2019, 5:06 pm
The reporting season is in full swing around the world, and Hungary’s listed companies are also going to start releasing their earnings reports for October-December 2018 shortly. Richter will be... 

ANALYST VIEW - Hungary Magyar Telekom offers interesting optionality

December 17, 2018, 4:20 pm
Citi has raised its target price for Magyar Telekom, saying that the Hungarian telecom group offers and attractive yield with interesting optionality, especially as the local telecom market is about to... 

Hungary Magyar Telekom to sack about 400 employees

December 14, 2018, 12:23 pm
Magyar Telekom, Hungary’s leading telecommunications group, has reached an agreement with the trade unions on a headcount reduction and wage increases at the group in 2019. Staff to be cut, salaries... 

ANALYST VIEW - HSBC cuts target price for Hungary's Magyar Telekom

December 6, 2018, 8:50 am
HSBC has lowered its target price for Hungary’s Magyar Telekom to HUF 535 per share from HUF 570 previously, while it maintained its ‘Buy’ recommendation for the telecom stock. The new... 

Hungary Magyar Telekom has frequency usage rights extended

December 4, 2018, 5:24 pm
Magyar Telekom, Hungary’s leading telecommunications group, has announced that it has extended its frequency usage rights for 11 billion forints. Based on the resolution of the National Media... 

Takeover bid on Hungary's Magyar Telekom rumoured

November 15, 2018, 10:07 am
The share price of Hungary’s Magyar Telekom has risen sharply on Wednesday and kept on soaring on Thursday morning, as local business daily Világgazdaság reported on Thursday that Deutsche Telekom... 
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