Magyar Telekom’s revenues in the second quarter amounted to HUF160,754 million (€465.1 million), or 2.2% less than in the same period last year.
The Hungarian incumbent gained 72,750 TV customers in its home market in the 12 months ending March 31.
Magyar Telekom’s general meeting elected Daria Dodonova and Gábor Fekete as members of its Board of Directors until May 31, 2022.
The Hungarian incumbent Magyar Telekom has launched a commercial 5G service in parts of central Budapest and downtown Zalaegerszeg.
The Hungarian incumbent Magyar Telekom gained nearly 100,000 IPTV subscribers in its home market in 2019.
Talks on the sale of Magyar Telekom’s subsidiary T-Systems to 4iG have been terminated.
Magyar Telekom’s board of directors has decided to simplify its governance structure, effective January 1, 2020.
Magyar Telekom has reached an agreement with the interest representation organisations operating at the company.
Magyar Telekom’s TV revenues in its home market Hungary increased by 4.9% year-on-year in Q3 to HUF11.1 billion (€33.6 million).
Magyar Telekom’s Magenta 1 discount package is now being used by 500,000 customers.