BMI View: Although macroeconomic challenges will continue to be a drag on the consumer electronics
devices market in Hungary in 2016, we envisage a much stronger growth trajectory from 2017, enabled by
significant appreciation of the forint against the US dollar. We f ..."
BMI View: Hungary proved a challenging IT market for vendors throughout 2010-2015, due to a
combination of recession, a public sector spending squeeze and then steep forint depreciation in 2015. We
expect 2016 will be another year of modest growth, when forint depreci ..."
BMI View: Vodafone emerged as the biggest spender in Hungary's latest spectrum auction in June 2016,
wherein two bidders competed for new 4G/LTE spectrum. While Vodafone secured 60MHz, DIGI acquired
20MHz in the 3.4 to 3.8GHz band. The auction outcome makes Vodafone t ..."
This country report and accompanying data annex provide a comprehensive overview of Hungary's telecoms market, including KPIs and data on subscribers, penetration, revenue and ARPU. The report analyses the strategies of major players in the country's fixed and mobile telecoms ..."
BMI View: Our Hungary Country Risk team forecasts significant forint appreciation against the dollar
over 2016-2020, which supports our forecast for a consumer electronics device spending CAGR of 7.7% to
USD2.3bn. Growth will be more modest in local currency terms, bu ..."
BMI View: After recession and forint depreciation weighed on economic sentiment and IT market
performance in Hungary in recent years the medium term-outlook is considerably stronger. Conditions will
improve slightly in 2016, but we expect a faster growth trajectory fr ..."
BMI View: Magyar Telekom has partnered with Fon to launch a free Wi-Fi service. Customers will be able
to access the internet outside their homes without any data limits or excess charges, in nearly 2,000
localities in Hungary and some 20 countries worldwide over Fon' ..."
BMI View: Two new mobile network operators plan to launch in the near future, but with Vodafone mulling
a withdrawal and multiplay operator UPC recording only tepid interest in its MVNO services, prospects
are not good for new infrastructure-led players. Mobile data u ..."
BMI View: The medium-term outlook for Hungarian consumer electronics device spending is a marked
improvement over 2015 and 2016. We forecast a CAGR of 5.7% over 2016-2020 to total device spending of
USD2.3bn in 2020, boosted by forint appreciation forecast by our Coun ..."
BMI View: We downgraded our estimate for IT market growth in 2015 to reflect the extent of forint
depreciation, and although conditions will ease in 2016 the forint and weak confidence levels will continue
to be challenging for vendors. The medium term-outlook is cons ..."