Hungary has become the second country in Central and Eastern Europe to launch a Paramount-branded SVOD service.
Anete Schaefer, VP business Europe, Deutsche Telekom, has said she doubts the Hungarian incumbent Magyar Telekom will be sold.
Deutsche Telekom has reportedly received a bid of €2 billion for Magyar Telekom.
The Hungarian incumbent saw a 4.9% increase in TV customers in its home market in the year to September 30.
Balazs Mathe, Magyar Telekom’s chief legal and corporate affairs officer and member of its management committee, will leave the company with mutual agreement at the end of the year.
The Hungarian regulator NMHH has fined Magyar Telekom and its CEO a total of HUF61.5 million (€190,200) for failing to fully comply with a decision it made in 2015.
Hungary’s Magyar Telekom has entered into an agreement with TV2 Group in relation to Spiler2 TV.
The Hungarian regulator NMHH has fined Magyar Telekom HUF72.8 million (€227,000) for providing services without all the necessary permission.
Magyar Telekom’s TV revenues in its home market Hungary amounted to HUF11.5 billion (€40 million) in the second quarter, or 3.5% more than in the corresponding period last year.
Magyar Telekom’s CEO Christopher Mattheisen has resigned and will leave the company on July 1.