TeleGeography Logo

41% of Magyar Telekom mobile users on LTE; 20% of households take converged bundle

9 Nov 2018

Magyar Telekom reported that its total Hungarian mobile customer base declined for the fourth quarter in a row in Q3 2018, dropping fractionally quarter-on-quarter to 5.30 million and down from 5.40 million a year earlier. 4G LTE subscribers reached 2.18 million at end-September 2018, up from 1.84 million a year earlier, and now account for 41% of total mobile users. Retail fixed broadband subscribers reached 1.13 million (up from 1.06 million in 3Q17), and one-fifth of customer households are now converged fixed/mobile ‘Magenta 1’ package subscribers.

Magyar Telekom’s total revenues (including its Macedonian division) stood at HUF163.8 billion (USD583 million) in Q3 2018, up 5.4% y-o-y, although three-month EBITDA dropped 6.3% to HUF53.6 billion. Quarterly net loss improved slightly, by 1.8% y-o-y to HUF6.3 billion.

Hungary, Magyar Telekom

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.