Media authority extends concessions of commercial broadcasters RTL, TV2 by five years
Hungarian media authority ORTT decided at its Wednesday meeting to extend the broadcasting licenses of commercial television stations TV2 and RTL Klub by another five years until 2012, ORTT announced.
NHH forces mobile operators to reduce termination fees
Hungary's three major mobile telecom service providers must significantly reduce termination fees, according to a ruling issued by Hungarian telecom authority NHH on Thursday. At the same time, the NHH rejected providers' cost-based termination fee offers.
Pannon GSM revenues rise in Q2, but EBITDA declines by 9%
Hungary's second largest mobile provider Pannon GSM saw its revenues increase by 8% to HUF 47.3 billion (USD 238.5 million) in the second quarter of 2005, but at the same time, EBITDA dropped by 9% to HUF 15.3 billion. Pannon is owned by Norway's Telenor.
IEB net income rises just 1.7% in H1, as bank tax hurts bottom line
Inter-Europa Bank Rt (IEB), a unit of Italy's Sanpaolo banking group, reported net income of HUF 1.076 billion (USD 5.6 million) for the first half of 2005, up a mere 1.7% compared to the base period.
Bombardier and Stadler asked to resubmit bids in MAV tender
Two rival companies competing to supply and maintain 30 suburban trains for Hungarian state railways MAV have been asked to resubmit their bids following a decision by public procurement authorities KDB to annul the results of the tender process.
