Hungary PM Orbán meets Deutsche Telekom execs in Parliament

Portfolio
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 as well as the prospects and challenges of the next few years.
Orbán has met Timotheus Höttges, Chief Executive of Deutsche Telekom, Srini Gopalan, Member of the Board Management for Europe and Tibor Rékasi, Chief Executive of Magyar Telekom.

The parties agreed that the strengthening of the digital economy is key to the competitiveness of Hungary and also of Europe, and a convenient regulatory environment, the promotion of investment and effective frequency management are able to greatly promote the cause of digitisation.

The parties further confirmed that by relying on the goals defined as part of the Digital Welfare Programme and the results achieved so far Hungary has every chance of becoming a successful player of the digital era.

Timotheus Höttges said that Magyar Telekom will continue to play a major role in the development of a modern mobile and landline digital infrastructure in Hungary. Deutsche Telekom is taking part in the development of the 5G communications standard, and its domestic subsidiary as a member of the 5G Coalition will make every effort to enable Hungary to become one of the region’s centres for 5G developments.

Srini Gopalan stressed that Magyar Telekom is playing a strategic role in the DT Group which is committed to Hungary and to further developments, the Prime Minister’s Press Office said in a statement.

Front page photo by Press Office of the Prime Minister / MTI / Balázs Szecsődi
 

More in Business

November 07, 2025 09:06

Wizz Air makes drastic decision on aircraft procurement

Defers deliveries among financial difficulties

November 05, 2025 12:40

Major retail chain to enter Hungary's neighbouring market

It could benefit Hungarian shoppers too

November 04, 2025 16:15

Two artificial intelligence projects by Hungarian company among the best in the world

They achieved joint first place in Siemens' international competition.

banking technology panel
November 04, 2025 13:20

While Revolut is building a new highway, banks are renovating a million-dollar highway

Portfolio Banking Technology 2025 conference in full swing

_S6A7991
November 04, 2025 12:35

The AI agent revolution is upon us: it will completely change the way we shop

By 2027, half of all users will be shopping online with the help of AI

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search