Hungary’s Digi and Magyar Telekom have been accused of not providing adequate protection for their pay-TV services.
The Hungarian incumbent Magyar Telekom has launched a new cloud-based TV platform on its gigabit network.
Hungary’s Magyar Telekom continued to intensively develop its gigabit network in 2020.
Magyar Telekom increased its TV subscriber total by 6.9% in its home market Hungary in 2020, ending the year with a total of 1,238,262.
Magyar Telekom claimed a 32.1% share of the Hungarian pay-TV market by value irrespective of technology as of November 2020, according to the latest data published by the regulator NMHH.
Magyar Telekom’s board of directors has approved the extension of the company’s CEO Tibor Rékasi’s contract by a further three years.
The Hungarian incumbent Magyar Telekom has raised HUF70.83 billion (€196 million) in a successful bond auction.
Magyar Telekom ended the third quarter with 1,215,481 TV customers in its home market Hungary.
Gábor Gonda has been appointed the CEO of T-Systems Hungary and a member of Magyar Telekom’s top management, effective November 2.
The Hungarian incumbent Magyar Telekom ended July with an overall share of 32.2% of the country’s pay-TV market.