Hungarian incumbent Magyar Telekom (formerly Matav) has revealed that it hopes to see single-digit revenue growth in 2005 and 2006, after reporting a decrease of 1% in revenues in 2004. The operator said its goals did not include possible acquisitions along the way. It wanted to reach EBITDA of around 40% of revenue, and will limit investment spending to 15% of revenue. The company’s financial results have been affected by customers cancelling fixed line subscriptions in recent years, and it plans to concentrate more on its broadband operations to counter this.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors