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
  • 3.164 million mobile subscriptions (Q4 2015)
  • 1140 employees (Q4 2015)
  • Total revenues of NOK 4.239 million (2014)
  • Monthly Mobile ARPU: NOK 102 (Q4 2015)
  • 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) 4th quarter Year
2015 2014 2015 2014
(NOK in millions)
Revenues
Subscription and traffic 912 849 3.526 3.221
Interconnect revenues 75 151 349 562
Other mobile revenues 15 18 81 81
Non-mobile revenues 174 131 535 375
Total revenues 1.175 1.150 4.490 4.239
EBITDA before other items 280 279 1.382 1.375
Operating profit 105 129 760 851
EBITDA before other items/Total revenues (%) 23.9 24.2 30.8 32.4
Capex 90 1.022 314 1.227
No. of subscriptions - Change in quarter/Total (in thousands): (37) 22 3.164 3.255
ARPU - monthly (NOK) 102 102 100 97
Exchange rate (HUF) 0.0289 0.0271