RTL Hungary taps Bedrock for RTL+ streaming launch

RTL Hungary has tapped technology outfit Bedrock to power its newly rebranded RTL+ direct-to-consumer streaming offering. RTL Hungary has turned to Bedrock to deliver a service with three tiers launching simultaneously: an AVOD offering dubbed RTL+ Light based around a traditional catch-up TV proposition; RTL+ Activ, a service distributed via telcos that offers more premium […]

RTL Group extends RTL+ SVOD brand in Hungary

RTL Group is launching a new SVOD service in Hungary called RTL+, The service will seek to differentiate itself by focusing primarily on local content. Currently, the plan is to launch 12 exclusive local productions on the platform over the next 12 months. In parallel with the launch of RTL+, the company’s well-established linear channel […]

4iG moves forward with Spacecom acquisition plan

Hungarian telecoms and ICT outfit 4iG has struck a new agreement on the conditions for its planned acquisition of a majority stake in Israeli satellite operator Spacecom which operates the Amos satellite constellation. Via Spacecom’s public and private share issue, the Hungarian company group can now acquire a 20% stake in the Israeli company. Over […]

4iG and Hungarian state to take over Vodafone Hungary

Vodafone has struck a ‘heads of terms’ agreement with Hungarian IT and telecoms company 4iG and state holding outfit Corivinus to sell its Hungarian unit in its entirety for an enterprise value of HUF715 billion (€1.8 billion). Vodafone said in a statement that the transaction would create a number two operator in Hungary and would […]

Hungary’s 4iG puts together national champion telecom player

Hungarian IT outfit and service provider 4iG has upped its stake in local transmission services company and digital-terrestrial TV service provider Antenna Hungária to 76.78%. The transaction is part of a move supported by the Hungarian government to create a national telecommunications group to compete with Deutsche Telekom-owned Magyar Telekom. 4iG’s acquisition of a majority […]

Digi sees strong revenue and RGU growth

Romania-based broadband, mobile and pay TV service provider Digi saw strong growth in revenues and revenue-generating units last year, with revenues up 12.7% to top €1.5 billion and RGU’s passing 20 million, including 18 million from continuing operations. Digi, which sold its Hungarian unit to 4iG in the course of the year, said that revenue […]

History Play debuts in CEE with Hungarian launch

A+E Networks EMEA has launched streaming service History Play in Hungary. The SVOD service will be available through RTL Most+, the commercial broadcaster’s own VOD portal.  The launch marks the first time that the A+E streaming offering will be available in the central and eastern Europe region. History Play is currently available in the UK, […]

Digi completes sale of Hungarian unit

Romania-based international service provider Digi has completed the sale of its Hungarian subsidiary to local information technology and service provider outfit 4iG. The agreement, which saw 4iG acquire Digi Hungary for €625 million, will give the former a company with about 1.1 million subscribers and 2.5 million revenue-generating units. Digi has a 283.3% share of […]

4iG completes agreement to acquire Digi’s Hungarian operation

Romania-based pay TV operator Digi has signed a definitive agreement to sell its Hungarian operation to expanding IT and services outfit 4iG. The sale agreement follows a preliminary deal struck between the pair in March whereby Digi’s Romanian subsidiary RCS&RDS agreed to sell local Hungarian subsidiaries Digi Távközlési Szolgáltató, Invitel, I TV and Digi Infrastructure […]

Hungary’s 4iG to take majority stake in Spacecom

Hungarian IT and telecom player 4iG and two subsidiaries, Hungaro DigiTel and joint venture CarpathiaSat, have entered into a preliminary agreement with Spacecom to acquire a 51% majority stake in the Israeli satellite operator. Spacecom, which is listed on the Tel Aviv stock exchange, operates four geosynchronous satellites, including Amos 3, which provices providing in […]

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