Poll predicts massive drop in MT Q4 profits

13 Feb 2008

A poll conducted by Hungarian online news portal Portfolio.hu is forecasting a massive 90% drop in fourth-quarter profits for the country’s incumbent telecom operator Magyar Telekom (MT), when it publishes its results on 14 February. Some analysts even estimate the chance of a net loss for the telco in the three months to 31 December, the online portal says, attributable to expenses stemming from the job cuts currently underway. The poll of ten analysts is also predicting revenues will drop 5% year-on-year – undermined by a one-off item of HUF10 billion (USD55 million) relating to its EDR-Tetra project – without which full year revenues are expected to be up around 4% on 2006.

Hungary,Magyar Telekom,



Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

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
  • Regulators

Learn more about advertising on CommsUpdate.