Magyar Telekom disconnected 22,000 long-standing, non-paying TV customers in Q4 2016 in its home market Hungary as part of a portfolio cleaning exercise.
The Tallinn-based telecom and IT infrastructure provider Levira is to start offering Internet of Things (IoT) services with its partners.
Hungary’s Competition Authority (GVH) has blocked the proposed acquisition of Central Digital Media by Magyar RTL Televizió.
Kim Kyllesbech Larsen has been appointed the chief technology and IT officer (CTIO) at Magyar Telekom, effective April 1.
Close to half of all digital TV services in Hungary are now received via cable or IPTV.
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.