Tag: telecom

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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... 

Hungary Magyar Telekom transfers shares to employee share ownership programme

July 13, 2018, 10:53 am
Magyar Telekom has announced on Friday that it transferred 3.77 million treasury shares on 12 July, 2018 to the employee share ownership organization (ESOP Organization). MTel has transferred 3,770,343... 

Tech and IT chief of Hungary's Magyar Telekom to leave group

June 18, 2018, 3:11 pm
Magyar Telekom, Hungary’s leading telecommunications group, has announced on Monday that Chief Technology and IT Officer, Kim Kyllesbech Larsen will leave the company as of 30 June and will continue... 

Hungary Magyar Telekom buys own shares again

June 6, 2018, 1:17 pm
Magyar Telekom, Hungary’s leading telecommunications group, has announced on Wednesday that it has purchased 200,000 own shares at an average price of HUF 424 per share for its incentive programme.... 

Hungary Magyar Telekom buys own shares again

May 28, 2018, 2:46 pm
Magyar Telekom, Hungary’s leading telecommunications group, has announced on Monday that it purchased 193,600 MTel ordinary shares at an average price of HUF 417 per share on the Budapest Stock Exchange... 

Hungary Magyar Telekom to hold extraordinary general meeting

May 22, 2018, 4:18 pm
Magyar Telekom, Hungary’s leading telecommunications group, has announced on Tuesday that it will hold an Extraordinary General Meeting at 11 A.M. on 22 June 2018 at 1013 Budapest, Krisztina krt.... 

Hungary Magyar Telekom buys own shares

May 14, 2018, 4:31 pm
Hungary’s Magyar Telekom announced on Monday that it purchased 157,800 pieces of own shares at an average price of 448 forints per share for its incentive programme. Magyar Telekom announced today... 

Hungary Magyar Telekom shows stellar quarterly performance

May 9, 2018, 12:36 pm
Magyar Telekom, Hungary’s leading telecommunications group, is doing extremely well, especially in light of what management had in mind for 2018. Revenues are on the rise in every segment (even in... 
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