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
  • 3.121 million mobile subscriptions (Q2 2017)
  • 968 employees (Q2 2017)
  • Total revenues of NOK 4.436 million (2016)
  • Monthly Mobile ARPU: NOK 106 (Q2 2017)
  • Headquarters in Budapest
  • CEO: Alexandra Reich

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) Second quarter First half year Year
2017 2016 2017 2016 2016
Revenues
Subscription and traffic 917 885 1.777 1.792 3.561
Interconnect revenues 69 68 133 136 269
Other mobile revenues 23 20 40 38 80
Non-mobile revenues 140 128 251 252 526
Total revenues 1.149 1.101 2.202 2.218 4.436
Operating expenditures 366 396 734 807 1.576
EBITDA before other items 398 332 746 686 1.369
Operating profit 265 173 471 362 773
EBITDA before other items/Total revenues (%) 34.6 30.2 33.9 30.9 30.9
Capex 62 77 102 123 390
No. of subscriptions - Change in quarter/Total (in thousands): 18 27 3.121 3.178 3.148
ARPU - monthly (NOK) 106 100 102 102 101
Exchange rate (HUF) 0.0296 0.0301 0.0298