Hungary may soon call a tender for the sale of an unused 900MHz frequency, thus enabling the entry of a fourth mobile operator on the domestic market, daily Nepszabadsag informed. The tender could be launched as soon as Thursday, as amendments to the telecommunications act came into force on Wednesday (Aug 3). The government approved the sale of the 900MHz and 1,800MHz frequencies earlier in July. Presently, there are three wireless telecoms in the country: T-Mobile, owned by Deutsche Telekom, and the local units of UKs Vodafone and Norways Telenor. According to the latest data from the National Communications Authority (NMHH), Hungary's mobile market penetration continued to decrease in June, dropping by 0.6pps m/m to 117.4%. There were 11.77mn mobile subscriptions as at end June, down by 0.57% m/m. The telecoms' market shares were as follows: T-Mobile (44.5%), Telenor (32.9%) and Vodafone (22.6%). |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more