Magyar Telekom is the main provider of telecommunication services in Hungary. The company offers a broad range of telecommunication and ICT services: fixed network and mobile communication services, data communication and non-voice services as well as IT and systems integration services.
Subsidiaries in Hungary: T-Systems Hungary Ltd. (owned 100 percent by Magyar Telekom) provides SI/IT services to enterprise customers.
International subsidiaries: Magyar Telekom is the majority owner of Makedonski Telekom, the leading fixed line and mobile operator in Macedonia. Through its subsidiaries in Bulgaria (Novatel Bulgaria) and in Romania (Combridge), Magyar Telekom is a key wholesale provider in the SEE region.
Magyar Telekom Plc.
- Core business: Fixed-line and mobile voice and broadband data, IPTV and CATV, ICT and SI products and services
- Stake held by DT (indirectly): 59.21 percent
- Employees: 9,154 (as of December 31, 2017)
- Customers (end of 2017): 5.3 million mobile customers; 1.4 million fix voice customers; one million retail broadband customers; one million TV customers
Highlights in 2017:
- With effect from January 11, 2017 Tibor Rékasi has been appointed to Magyar Telekom’s new Chief Commercial Officer.
- In January Magyar Telekom has signed a Share Purchase Agreement with Hrvatski Telekom d.d. As a result of the transaction, Magyar Telekom’s majority (76.53%) stake in Crnogorski Telekom A.D. Podgorica has been transferred to Hrvatski Telekom d.d for a total consideration of EUR 123.5 million.
- Magyar Telekom appointed Dr. Kim Kyllesbech Larsen to Chief Technology and IT Officer (CTIO) with effect from April 1, 2017. Dr. Kim Kyllesbech Larsen also became a member of Magyar Telekom’s Management Committee.
- Magyar Telekom announced the appointment of Zsuzsanna Friedl as Chief Human Resources Officer (“CHRO”) with effect from May 15, 2017. Zsuzsanna Friedl also became a member of Magyar Telekom’s Management Committee.
- In April Telekom completed the preparation of its 4G network for the 4G+ technology in the capitol city and activated the 4G+ mobile internet service with the theoretical maximum speed of 225 Mbps in the whole area of Budapest. Resulting from the developments of the past period not only the 4G+ technology became available in the capitol city but the indoor 4G/4G+ coverage also reached almost 100 percent.
- April 13, Magyar Telekom’s Board of Directors has elected its Chairman, Dr. Robert Hauber, Deutsche Telekom’s Senior Vice President Finance Europe.
- As the first Hungarian mobile operator, Magyar Telekom launched voice services on its 4G network in April.
- In May Magyar Telekom launched a new fixed line brand and offer. Flip was developed for customers requiring simple but good quality basic service without extra comfort services, at an extremely favorable price level, without obligations and commitment for a compulsory loyalty period.
- In June Magyar Telekom announced the start of building of a 5G pilot mobile communication network at the motor vehicle test area to be established in Zalaegerszeg. A letter of intent about the joint cooperation agreement was signed today at the Zalaegerszeg MOBIL 2017 Vehicle Industry and Logistics Trade Exhibition and Conference by the government, the city, Autóipari Próbapálya Zala Kft. (Automotive Test Course Ltd.) Magyar Telekom and T-Systems Hungary.
- Magyar Telekom has delivered in July the first broadband fixed network in Gödre, a locality with 400 households in the Hegyhát district of Baranya County, that was built with the use of European Union funds, awarded previous year.
- As of November 1, 2017, Magyar Telekom ceased to provide electric utility service for residential users eligible for the universal service. Telekom launched the energy services in 2010 with the objective to provide even more new services and offers to its customers. By way of providing more favorable fees than the regulated universal price Telekom has been contributing to the reduction of the energy costs incurring with its residential customers.
- Magyar Telekom’s Board of Directors has resolved to streamline its organizational structure surrounding the services provided to small and medium-sized business customers, with effect from November 1, 2017. SoHo (small business) customers are to be managed within the Consumer segment and medium-sized businesses within T-Systems. As a direct consequence, the SMB area and Chief Commercial Officer SMB position ceased to exist and Péter Lakatos, Chief Commercial Officer SMB left the Company with effect from November 1, 2017.
- As the first Hungarian service provider, Telekom introduced the highest, 2 Gbit/s speed home internet package in November. The offer is available in areas covered with the optical network, and it is ideal for simultaneous connection of multiple devices within the family.
- Based on the measurements of independent consultants, P3 Communications, Telekom’s mobile network received the best rating on both voice and data services out of all mobile networks in Hungary.
- Magyar Telekom Group has managed to achieve entirely carbon neutral operations for the third year in a row in 2017. This means that the telco provider successfully reduced its carbon dioxide emissions while the offset of its remaining emissions was being carried out along the support of green projects.
- As a premiere in Hungary, Magyar Telekom made the NarrowBand-IoT (NB-IoT) technology – enabling machine-to-machine communication – available, covering the whole of Budapest.
- By the end of November structural work has been completed on the new Magyar Telekom Headquarters building. The approximately 100,000 m2 building will be a defining feature of the Budapest cityscape, with a design that is based on the latest HR and IT trends.
- As a result of the network development efforts of Magyar Telekom at the end of November 2017 the operator made available its 4G mobile internet service in more than 2600 communities with less than six thousand residents. The residential outdoor coverage of the 4G network of Telekom has already exceeded 99 per cent, 4G indoor residential coverage stood at 88.5%.
- In 2017, Magyar Telekom continued its intense network development: according to its earlier plans, the company covered 270 additional households with broadband fixed network in one year. In more than 40 percent of the newly covered homes, gigabit capable optical network was implemented. This way, at the end of 2017, at least 30 Mbit/s fixed service was available on the Telekom network in more than 3 million households. From which gigabit capable optical network was in place in 800 thousand homes enabling the use of the internet service up to 2000 Mbit/s.
IT Services Hungary
As a subsidiary founded in 2006 by German company T-Systems International, IT Services Hungary (ITSH) primarily provides comprehensive ICT outsourcing and systems integration services to its parent company and to the group's international clients. At service centers in four locations – Budapest, Pécs, Debrecen, and Szeged – ITSH employs more professionals than any other company in the Hungarian IT sector. Our headcount will soon reach the 4,500 level.
The company is unique in that it provides a complete ICT services portfolio. The main areas of expertise being systems integration and IT outsourcing, but also offer all services related to the SAP system on all widely used software and hardware platforms, local and remote server management, as well as network management and network monitoring. In addition to its solid financial position in the past few years, as an ICT service provider the company gained extensive experience in the field of international outsourcing – T-Systems International is present in more than 25 countries, operating a global service network and data centers.
In 2008, ITSH won the "Investor of the Year" prize. In 2012, ITSH also won the YURA award (Your Region Your Future) given by the European Union, for its activities in Debrecen for the city government and in cooperation with the University of Debrecen, as well as its work for young people entering the labor market and activities intended to help slow the flow of migration away from Hungary.
IT Services Hungary is a perfect place exactly for young people leaving school and for IT professionals who already had experience: Based on Randstad survey, - examined 23 countries around the world, about three-quarters of the global economy – ITSH is the 8th most attractive place to work in Hungary.
According to experts, what makes ITSH attractive as a workplace isn't simply the availability of a complex system of bonuses for the employees, but also the many opportunities for professional development and advancement. Just a few examples are the possibility of telecommuting, our talent management strategy, and a kindergarten and childcare assistance program for parents with small children. Research shows that brand attractiveness is also increased by "in-house" career opportunities. Last year in 2017 alone, nearly 460 of employees were able to change positions or even sectors within the company. All these means that there is a wide range of professional talents within ITSH, and the people working there have not only the right but the opportunity to build careers that are the most appropriate to them and strike out in the most promising directions of development.