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
  • 3.178 million mobile subscriptions (Q2 2016)
  • 1148 employees (Q2 2016)
  • Total revenues of NOK 4.239 million (2014)
  • Monthly Mobile ARPU: NOK 100 (Q2 2016)
  • Headquarters in Budapest
  • CEO: 

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 First half year Year
2016 2015 2016 2015 2015
Revenues
Subscription and traffic 885 852 1.792 1.689 3.526
Interconnect revenues 68 57 136 209 349
Other mobile revenues 20 21 38 39 81
Non-mobile revenues 128 120 252 210 535
Total revenues 1.101 1.050 2.218 2.148 4.490
EBITDA before other items 332 331 686 684 1.382
Operating profit 173 185 362 393 760
EBITDA before other items/Total revenues (%) 30.2 31.5 30.9 31.9 30.8
Capex 77 87 123 155 314
No. of subscriptions - Change in quarter/Total (in thousands): 27 (9) 3.178 3.220 3.164
ARPU - monthly (NOK) 100 94 102 98 100
Exchange rate (HUF) 0.0301 0.0281 0.0289