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
  • 3.220 million mobile subscriptions (Q2 2015)
  • 999 employees (Q2 2015)
  • Total revenues of NOK 4.239 million (2014)
  • Monthly Mobile ARPU: NOK 94 (Q2 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) 2nd quarter 1st half year Year
2015 2014 2015 2014 2014
(NOK in millions)
Revenues
Subscription and traffic 852 800 1.689 1.572 3.221
Interconnect revenues 57 136 209 270 562
Other mobile revenues 21 20 39 41 81
Non-mobile revenues 120 90 210 159 375
Total revenues 1.050 1.045 2.148 2.042 4.239
EBITDA before other items 331 383 684 750 1.375
Operating profit 185 260 393 497 851
EBITDA before other items/Total revenues (%) 31.5 36.6 31.9 36.8 32.4
Capex 87 68 155 122 1.227
No. of subscriptions - Change in quarter/Total (in thousands): (9) (34) 3.220 3.213 3.255
ARPU - monthly (NOK) 94 96 98 95 97
Exchange rate (HUF) 0.0281 0.0270 0.0271