4iG, the Hungary-based IT systems integrator, has entered into an agreement with sovereign investor Mubadala. Under the terms of the agreement, Mubadala, which is wholly owned by the Government of Abu Dhabi, will provide a $50 million (€42.3m) convertible loan to 4iG. The conversion share price is based on the 90-day volume-weighted average trading price […]

4iG Group has announced telecommunications infrastructure partnership agreement which, subject to the finalisation of confirmatory due diligence, negotiation and signing of final legal documentation and the required shareholder and regulatory approvals, has the potential to become one of the largest transactions of its kind in Hungary. The objective of the transaction, explained 4iG, is to […]

4iG Space and Defence Technologies has joined Axiom Space development and growth plans as an investor. As part of the transaction, 4iG’s Space and Defence holding company has commited to carry out a two-step investment in Axiom Space totalling $100 million – the first phase, $30 million by December 31st, and the second, $70 million […]

4iG Space and Defence Technologies and France-based Eutelsat have signed a Geostationary Orbit and Frequency Licence Agreement securing the orbital position and associated frequency rights for HUGEO, the geostationary telecommunications satellite of the Hungarian HUSAT programme. Signed following the binding Memorandum of Understanding (MoU) concluded with Eutelsat in August, the contract opens a new phase […]

4iG Space and Defence (4iG SDT), under the newly signed non-binding commitment letter with Axiom Space, has confirmed its intention to participate as a strategic investor in Axiom Space’s capital increase. The contemplated $100 million capital increase could provide 4iG SDT with an equity stake in the company. The current agreement also covers potential participation […]

2Connect Telecommunications Infrastructure and Network Services has entered the Hungarian market as a new member of 4iG Group and one of the largest companies in the country providing wholesale exclusively, fixed-line telecommunications and info-communications infrastructure services. 2Connect was founded through the merger of Invitech, Antenna Hungária, DIGI, and One Magyarország network infrastructure companies. Establishing 2Connect […]

4iG Group has signed an agreement with Nokia to modernise and unify its IP access and DWDM transport backbone networks in Hungary. The objective of the development is to establish a next-generation ready, energy-efficient, and secure network infrastructure that handles increasing data traffic, supports the growth of digital services, and ensures sustainable operations in the […]

DIGI Távközlési és Szolgáltató, a subsidiary of 4iG, has signed a sale and purchase agreement with Canal+ Luxembourg and its Hungarian subsidiaries Eviso Hungary and Canal+ Distribution Hungary, for the acquisition of the Hungarian satellite customer base Direct One, and optionally for the acquisition of its cable television portfolio, depending on the consent of the […]

After recent launches in various countries in Europe such as in Austria, Czech Republic, Slovakia and the Netherlands, Canal+ Group has announced the launch of an offering in Hungary, grouping linear services together with a catalogue of movies and series, bundled in the Canal+ streaming application. Internationally, Canal+ Group operates in more than 50 countries […]