Hungary's government decided to put up for sale the unused 900MHz and 1,800MHz frequencies, thus opening the Hungarian mobile market for a new service provider, MTI news agency reported. The auction will take place in H2. In case the state receives no appropriate offers, the frequencies will be awarded to the current mobile operators. Presently, there are three wireless telecoms in the country: T-Mobile, Vodafone and Telenor. According to the latest data from the National Communications Authority (NMHH), Hungary's mobile market penetration continued to decrease in May, dropping by 0.4pps m/m to 118.0%. There were 11.77mn mobile subscriptions as at end May, down by 0.42% m/m. The telecoms' market shares were as follows: T-Mobile (44.28%), Telenor (33.23%) and Vodafone (22.49%). |
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