Telenor Hungary

Telenor Hungary is the country’s second largest mobile operator.

Telenor Hungary provides mobile and broadband services.

Key facts

  • Offers the widest mobile broadband coverage in Hungary
  • Proven to be a pioneer in mobile broadband technology and environmental solutions
  • 3.148 million mobile subscriptions (Q4 2016)
  • 1206 employees (Q4 2016)
  • Total revenues of NOK 4.436 million (2016)
  • Monthly Mobile ARPU: NOK 98 (Q4 2016)
  • Headquarters in Budapest
  • CEO: Christopher Laska

Historical background

The company was established in Hungary in 1994 under the name Pannon and changed its brand from Pannon to Telenor in May 2010.

Analytical information

For detailed information on regulatory matters, network, licenses and competitors, see our business descriptions for Telenor Hungary.

Company Website

Visit Telenor Hungary’s website

Key Figures for Telenor Hungary

(NOK in millions) Fourth quarter Year
2016 2015 2016 2015
Revenues
Subscription and traffic 863 912 3.561 3.526
Interconnect revenues 67 75 269 349
Other mobile revenues 19 15 80 81
Non-mobile revenues 146 174 526 535
Total revenues 1.094 1.175 4.436 4.490
EBITDA before other items 294 280 1.369 1.382
Operating profit 171 105 773 760
EBITDA before other items/Total revenues (%) 26.9 23.9 30.9 30.8
Capex 163 90 390 314
No. of subscriptions - Change in quarter/Total (in thousands): (41) (37) 3.148 3.164
ARPU - monthly (NOK) 98 102 101 100
Exchange rate (HUF) 0.0298 0.0289