The performance of Magyar Telekom’s TV operations in its home market was something of a mixed bag in the second quarter.
Magyar Telekom continued to strengthen its position in the Hungarian TV marketplace in the first quarter, ending March with 751,195 subscribers to its services, or 10.8% more than 12 months earlier.
The Hungarian incumbent telco Magyar Telekom has been granted a long-term loan of €150 million to finance mainly its broadband investment projects.
Magyar Telekom’s Hungarian DTH subscriber total almost doubled in the 12 months to September 30 this year, rising by 94.9% from 121,563 to 236,901.
Magyar Telekom is becoming an increasingly important player in the Hungarian pay-TV marketplace.
The Hungarian incumbent Magyar Telekom ended the first quarter with 677,932 TV subscribers in its home market, or 34.1% more than in the same period a year earlier.
Magyar Telekom’s Origo.hu has officially launched a weather channel that can be viewed on TV, over the internet and via mobile phones.
TV services provide Hungary’s Magyar Telekom with a little cheer in what are otherwise disappointing third quarter results.
The Hungarian incumbent telco Magyar Telekom has received the legal go-ahead for its merger with Dél Vonal and the cable operator T-Kábel.