Hungary Telecommunications Q3 2019
The Hungarian mobile market is highly saturated and has very little organic growth left and operators are trying tomaximise their revenues from selling premium services and high-speed data packages to existing clients. Consolidation has beenthe key trend in the Hungarian market over the last years, as operators are looking to optimise their portfolios. Digi's acquisition ofInvitel creates a much-needed strong third national converged services provider and the expansion will boost consumer choice aswell as the digital economy. The country's second largest mobile operator, Telenor, sold its assets to Czech telecoms firm PPF. Thedeal was finalised in early August 2018. Meanwhile, Vodafone has agreed to purchase Liberty Global’s cable assets in Hungary asVodafone is looking to become a stronger converged player across more European markets.
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