Hungary’s Magyar Telekom has decided to enter the local retail electricity and gas market in a move to diversify its revenue sources.
The operator will use its sales networks to sell energy as a bundled product supplementing its telecoms services hoping…
Hungary’s Magyar Telekom has decided to enter the local retail electricity and gas market in a move to diversify its revenue sources.
The operator will use its sales networks to sell energy as a bundled product supplementing its telecoms services hoping that these offers will help it retain existing and win new telecom clients.
The company will starts testing its electricity and gas retail offers with a targeted segment of its residential and business customers from April. It will then assess whether to fully launch the service in the second half of the year.