Huawei to deploy fibre to 140,000 Hungarian homes

11 Feb 2015

Chinese technology giant Huawei is set to spend nearly HUF10 billion (USD36.66 million) on the development of broadband technology in Hungary, as well as expanding its regional innovation centre, which is situated outside of Budapest. According to the Budapest Business Journal, the Chinese vendor plans to lay around 1,000km of fibre-optic cable, supplying broadband to 140,000 Hungarian homes.

Bin Yun Song, managing director for Huawei’s Hungarian arm, noted that the vendor has invested more than EUR200 million (USD226.4 million) in Hungary over the last ten years; notably the company has entered joint ventures with mobile network operator Vodafone Hungary to launch its 4G network (currently in deployment) and broadband provider Magyar Telekom to deploy and upgrade its fixed line and IPTV network infrastructure.

Hungary, Huawei Technologies