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INTERNET SUBSCRIPTION NUMBERS CONTINUE TO CLIMB IN Q1

 

The number of internet subscriptions in Hungary rose by 4% in the first quarter of 2019 from a year earlier and reached 9.98 million, according to data published by the Central Statistical Office (KSH). The number of internet subscriptions has been continuously rising since 2011 when it stood at 4.33 million. The internet service providers’ market continues to be highly concentrated as 10 companies were still responsible for more than 96% of subscriptions just like in previous years. At the end of last year 80% of subscriptions were for private customers and 20% for business customers. Of all subscriptions 68.8% are for mobile internet services, basically unchanged from a year earlier, but most data traffic still takes place using wired internet connections.
Net revenue of internet provider companies was 66.6 billion forints (EUR 205m) in Q1 2019, up an annual 12.2%. Revenue for fixed-line internet service provision was 32.6 billion forints and for mobile internet service provision 32.1 billion.