Magyar sales flat year-on-year

29 Aug 2006

Dominant Hungarian telco Magyar Telekom has announced revenue of HUF22.9 billion (USD105.8 million) for the first six months of 2006, largely unchanged from the corresponding period last year. Mass market voice sales declined by 9% to HUF10.4 billion, though this was largely offset by the 26% hike in revenue from internet services. EBITDA was also flat year-on-year, coming in at HUF10.1 billion.

Hungary, Magyar Telekom