Tag: telecom

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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.... 

Results of Hungary's 5G frequency tenders to be announced in the autumn

April 24, 2019, 1:42 pm
The results of fifth-generation (5G) spectrum sales will be announced by the National Media and Infocommunications Authority (NMHH) in the autumn, the President of the watchdog announced on Wednesday.... 

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... 

4iG rumoured to be eyeing T-Systems Hungary

April 3, 2019, 10:12 am
There is a rumour on the Hungarian market that 4iG, an interest of Lőrinc Mészáros, a billionaire ally of Prime Minister Viktor Orbán, is eying T-Systems Hungary, the infocommunciations arm of Magyar Telekom.... 

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... 

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... 

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... 

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... 

Magyar Telekom revenues rise nicely, but so do costs

November 8, 2018, 3:17 pm
Revenues of Magyar Telekom, Hungary’s leading telecommunications group, turned out better than expected in the third quarter of 2018. Slowly but surely, equipment sales and the satisfaction of orders... 

Hungary Magyar Telekom announces departure of a Deputy CEO

October 12, 2018, 12:46 pm
Magyar Telekom, Hungary’s leading telecommunications group, has announced on Friday that its Chief Legal and Corporate Affairs Officer will leave the company with mutual agreement as of the end of... 

Hungary PM Orbán meets Deutsche Telekom execs in Parliament

September 17, 2018, 4:18 pm
Hungary’s Prime Minister Viktor Orbán received executives of Deutsche Telekom (DT) in Parliament on Monday, reviewing the results achieved jointly in the field of Hungary’s digital development... 

Hungary's Telenor may be renamed Pannon or O2

August 30, 2018, 10:24 am
Czech PPF Group acquired Telenor’s operations in four Central and Eastern European countries in the spring. One of them was the Hungarian subsidiary. Forbes magazine has published an interview with... 

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

August 29, 2018, 10:10 am
HSBC has trimmed its target price for Hungarian telecom group Magyar Telekom to HUF 570 from HUF 600 previously on Wednesday. The new TP offers a 41 upside potential compared to MTel’s closing price... 

Will Hungary's Magyar Telekom change its dividend guidance?

August 7, 2018, 4:45 pm
Magyar Telekom, Hungary’s leading telecommunications group, is set to release its earnings report for the second quarter of 2018 on Wednesday. Analysts polled by Portfolio project higher revenues... 

Takeover of Telenor's CEE assets concludes

August 1, 2018, 9:20 am
PPF announced at the end of March that it is taking over the telecommunication assets of Telenor in Central and Eastern Europe, specifically in Bulgaria, Hungary, Montenegro and Serbia. The transaction... 
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