October 25, 2016 1:25 AM ET

Wireless Telecommunication Services

Company Overview of Telenor Magyarország Zrt.

Company Overview

Telenor Magyarország Zrt. provides mobile voice, data, and broadband services to consumers and business customers. It offers pre-paid and post paid, SMS, and Internet services. The company was founded in 1994 and is based in Törökbálint, Hungary. Telenor Magyarország Zrt. operates as a subsidiary of Telenor Mobile Communications, AS.

Pannon út 1.

Törökbálint,  2045


Founded in 1994


36 20 930 4000


36 20 930 4100

Key Executives for Telenor Magyarország Zrt.

Chief Executive Officer
Chief Financial Officer
Chief Executive Officer of Telenor Montenegro
Chief Executive Officer of Dtac
Age: 50
Chief Corporate Affairs Officer and Deputy Chief Executive Officer
Compensation as of Fiscal Year 2016.

Telenor Magyarország Zrt. Key Developments

Telenor Hungary Announces Management Changes

Mrs. Alexandra Reich was appointed as Chief Executive Officer (CEO) of Telenor Hungary and Executive Vice President (EVP) of Telenor Group. Reich will be part of the executive management team in Telenor Group and assumes the position no later than 1 November 2016. Reich will succeed Christopher Laska, who will take on new responsibilities within Telenor Group. Alexandra Reich has served as EVP and Head of Mobile Business for Swisscom Enterprise since 2014, after joining the Swiss company in 2009. Christopher Laska has been appointed Senior Vice President (SVP) Board Governance and Partner Relations Asia and will support the Board of Directors in Telenor's Asian business units. Laska has served as CEO of Telenor Hungary since January 2011 and has previously been CEO of Telenor Montenegro and Head of Corporate Affairs in Telenor Serbia.

Telenor Hungary Appoints Zoltan Takacs as Vice President of Innovation

Telenor Hungary has appointed Zoltan Takacs as Vice President of Innovation. He joined the company in 2011 as Product and Innovation Director, then in 2013 he was appointed Chief Digital Services Officer. Before joining the company, Takacs gained international experience in sales, marketing, product, service and business development at companies such as Ericsson, Nokia, RTL Klub and Huawei.

Telenor Hungary Reports Earnings Results for the Fourth Quarter of 2015

Telenor Hungary reported earnings results for the fourth quarter of 2015. For the quarter, the company reported total revenues in local currency decreased by 5%. The negative impact from lower interconnect Revenue was partly offset by increased handset sales. Revenues grew to NOK 1.175 billion from NOK 1.150 billion a year ago. EBITDA was NOK 280 million against NOK 279 million a year earlier.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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