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
  • 3.201 million mobile subscriptions (Q3 2015)
  • 1042 employees (Q3 2015)
  • Total revenues of NOK 4.239 million (2014)
  • Monthly Mobile ARPU: NOK 103 (Q3 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) 3rd quarter First three quarters Year
2015 2014 2015 2014 2014
(NOK in millions)
Revenues
Subscription and traffic 925 799 2.614 2.372 3.221
Interconnect revenues 65 141 274 411 562
Other mobile revenues 27 22 66 63 81
Non-mobile revenues 151 85 361 243 375
Total revenues 1.167 1.047 3.315 3.089 4.239
EBITDA before other items 417 346 1.101 1.096 1.375
Operating profit 262 225 655 722 851
EBITDA before other items/Total revenues (%) 35.7 33.0 33.2 35.5 32.4
Capex 70 82 224 204 1.227
No. of subscriptions - Change in quarter/Total (in thousands): (19) 20 3.201 3.233 3.255
ARPU - monthly (NOK) 103 98 100 96 97
Exchange rate (HUF) 0.0285 0.0268 0.0271