Hungary’s MTel starved by economic climate: announces tariff change

13 Jul 2012

Hungarian telecoms operator Magyar Telekom (MTel) yesterday announced a decision to implement a gradual increase in some of its tariffs from September, citing ‘unfavourable economic and market processes’ as the reason. Budapest Business Journal reports that the tariff changes are deemed ‘unavoidable’ by the incumbent, due to the lack of economic recovery in the central European nation, as well as higher than expected inflation and the adverse impact of ‘certain economic policy measures of the past period’. Further, the operator says it will not be passing on a new tax on voice calls and SMS to its customers: the government tax, introduced from July, is expected to cost MTel up to HUF8 billion (USD33.8 million) in 1H12 and HUF20 billion per annum from 2013.

In a statement, the telco said that the tariff changes ‘will match the varying characteristics of mobile and fixed line as well as post-paid and pre-paid tariff packages and will retain the benefits and discounts favoured by customers’. It added that ‘For post-paid mobile packages the change in monthly tariff will be mitigated by unchanged minute and text message rates and conditions; while for pre-paid mobile packages, there is no monthly charge but minute charges will change. For enterprise customers, there will be no change to either the monthly fee for tariff packages included in dedicated framework contracts, nor the national minute and text message rates’.

Hungary, Magyar Telekom (MTel),

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