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.
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.
The Hungarian regulator NMHH has imposed net neutrality rules on the incumbent Magyar Telekom.
Magyar Telekom’s chief human resources officer Éva Somorjai has been appointed to the same role at the European centre of Deutsche Telekom group, effective January 1, 2017.
Magyar Telekom will reach 2.7 million households with its high bandwidth service by the end of this year, according to its CFO János Szabó.
Magyar Telekom’s TV revenues increased by 3.4% year-on-year to HUF11 billion (€35.9 million in the third quarter, thanks largely to the growing IPTV subscriber base and ARPUs in its home market Hungary.
The Hungarian incumbent Magyar Telekom will transform its TV offer on November 2 by launching a new package named Super Family HD.
Walter Goldenits, Magyar Telekom Group’s chief technology and IT officer, will leave his position at the end of this year to become CTO at Telekom Germany, effective January 1, 2017.