The 70,800 subscribers at government agencies in Hungary are planned to use the services of the new government owned mobile operator next year.
Therefore, the government struck only a 14-month agreement for mobile telecommunication services instead of the typical four year contract with the three incumbent MNOs. The agreement is worth HUF 1.5bn and all three MNOs won in the procurement.
Our view:
This development highlights the trend in the future: the value of projects coming from the government should decline over time.