- 21 Mar 2019 6:48 AM
- Hungary Matters
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%.
At the end of last year, 80% of subscriptions were for private customers and 20% for business customers. Of all subscriptions, 68.7% are for mobile internet services, basically unchanged from a year earlier, but most data traffic still takes place using wired internet connections.
In 2018, download traffic for wired internet connections was 2,617 PB and 937 PB of data was uploaded compared to the combined 239 PB of data of downloads, uploads and calls for mobile internet connections. The download traffic of wired connections increased by an annual 26.4%.
Fully 8.8% of subscriptions were for internet connections with less than 2 Mbit/s of guaranteed data rate, some 32% had a guaranteed data rate between 10 and 30 Mbit/s, around 5% had a guaranteed rate of at least 30 Mbit/s and the 33% a guaranteed rate of at least 100 Mbit/s.
Net revenue of internet provider companies was 249 billion forints (EUR 796m) in 2018, up 12.8% year on year. Revenue for wired internet service provision was 125 billion forints and for mobile internet service provision 117 billion.