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.