The Hungarian incumbent Magyar Telekom made its self-financed, new generation fixed-line network available to an additional one million homes in the last two years.
Hungary’s leading alternative telco Invitel is to be sold by its current owner Magyar Telecom to the China-CEE fund (CEE Equity) for an enterprise value of €202 million.
Magyar Telekom remains the clear leader in the provision of fixed-line broadband services in Hungary, claiming a market share of 35.5% as of last November.
The Croatian incumbent Hrvatski Telekom has signed a share purchase agreement with Hungary’s Magyar Telekom to buy the latter’s 76.53% stake in the Montenegrin telco Crnogorski Telekom.
András Gyenes has vacated the position of CCO residential at Magyar Telekom and left the company.
Hungarian broadcasters aired fewer new commercials in H1 2016 than the corresponding period the previous year.
The Scripps Networks Interactive channels Food Network and Fine Living will be distributed by the leading Hungarian alternative telco Invitel from January 1, 2017.
At least three quarters of pay-TV homes in Hungary now opt for digital services.
The Hungarian station Echo TV has been acquired Lörincnek Mészaros for an undisclosed fee.
The Hungarian regulator NMHH has imposed net neutrality rules on the incumbent Magyar Telekom.