4iG

What 4iG does

4iG Nyrt. is a Budapest-headquartered, publicly listed Hungarian integrated technology and infrastructure group operating across three sectors: telecommunications, IT systems integration, and space and defence technologies. The company runs consumer and enterprise telecom services through its One retail brand in Hungary, Albania, Montenegro, and North Macedonia (the latter as a greenfield 5G Standalone network with Ericsson), while 4iG Informatikai serves as Hungary's leading system integrator for managed IT, cybersecurity, cloud, and enterprise applications. 4iG Space and Defence Technologies (4iG S&D) holds the HUSAT satellite programme (HUGEO geostationary communications satellite with Northrop Grumman, HULEO LEO Earth observation constellation), UAV detection and counter-drone systems (RAC Antidrone), and defence digitalisation initiatives under co-development with L3Harris, EDGE Group, Rheinmetall, and Israeli drone OEMs. Cross-border wholesale digital infrastructure (subsea cables, fiber backbones, data centres linking Europe, Africa, and the Middle East) is operated through 4iG International Digital Infrastructure, including the USD 600 million EAGLE subsea cable with Telecom Egypt and Grid Telecom.

Revenue is generated through subscription-based residential and enterprise telecom services (HUF 634.8 billion 2025 revenue at the telecom holding), managed IT integration contracts with large enterprises and government entities, hardware and programme sales in the space and defence segment, and wholesale capacity on international digital infrastructure. The group operates 28 subsidiaries across four countries with 8,000-11,000+ employees, and is 62.1% owned at the telecom holding by 4iG Nyrt. alongside 37.9% held by the Hungarian State via Corvinus International Investment. Recent capital actions include a USD 50 million Mubadala convertible loan (Q1 2026, converting Q1 2029) and a USD 100 million strategic investment in Axiom Space (June 2026, largest European investor). Major pending and completed M&A includes Vodafone Hungary (EUR 1.8 billion EV, heads of terms with Corvinus), Digi Hungary (EUR 625 million, 2021), Invitech ICT Services (2021), ALBtelecom (2022), and PR-Telecom (2024). The strategic narrative positions 4iG as a Central and Eastern European technological sovereignty champion combining regional telecom scale with NATO-aligned defence manufacturing and sovereign space capabilities, though equity performance is sensitive to Hungarian political continuity given the government's material co-investment role.

Name

4iG

Legal name

4iG Nyrt.

Website

https://www.4ig.hu

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

4iG is a Budapest-listed Hungarian integrated technology group delivering telecommunications (One brands), IT systems integration, and space and defence solutions across Hungary, Albania, Montenegro, and North Macedonia, serving consumers, enterprises, and governments.

Ownership category

akta.pro rank

Product category

Telecommunications and IT Services

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Telecommunications Resellers and Agents for Wireless Telecommunication Services (51712), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Telephone Communications (No Radiotelephone) (4813), Computer Communications Equipment (3576), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Edge-Integrated Private Connectivity (MEC + Private 5G/Wi‑Fi) (HDAIAGAE)

Keywords

• Telecommunications services
• IT systems integration
• Space and defence technologies
• Satellite communications
• Mobile network operations

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Telecommunications Services: 4iG Távközlési Holding generates revenue from retail, enterprise, and wholesale telecommunications services across Hungary, Albania, Montenegro, and North Macedonia through One Magyarország, One Albania, One Montenegro, and One Macedonia brands. Revenue split: 85.6% Hungary, 10.2% Albania, 4.2% Montenegro.
2. IT Systems Integration: 4iG Informatikai provides managed IT services, cybersecurity, cloud infrastructure, enterprise systems integration, and hardware services to large enterprises and government organizations in Hungary.
3. Space and Defence Technologies: 4iG Space and Defence Technologies (4iG S&D) generates revenue from satellite programs, UAV systems, counter-drone solutions, and defense digitalization products and services.
4. Satellite Services: Hungaro DigiTel provides VSAT satellite communications services to banking, oil, and broadcasting sectors. CarpathiaSat planned to provide geostationary satellite communications upon deployment.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

4iG is a Budapest-headquartered, publicly listed Hungarian technology and telecommunications group operating across three integrated business areas: (1) Telecommunications services for residential, enterprise, and wholesale customers in Hungary and the Western Balkans under the One brand; (2) IT systems integration including managed IT services, cybersecurity, cloud, and enterprise solutions via 4iG Informatikai; (3) Space and defence technologies including satellite manufacturing, UAV systems, counter-drone solutions, and defence digitalization through 4iG S&D. The group spans 28 subsidiaries across 4 countries with combined operations covering end-to-end digital infrastructure from subsea cables to consumer mobile services.

Differentiator

Problem solved

Functional benefit

Brands

• One: Telecommunications brand of 4iG Group covering Hungary, Albania, Montenegro, and North Macedonia - providing retail and enterprise telecom services including mobile, fixed, internet, and TV.
• 4iG IT
• 4iG Space and Defence Technologies (4iG S&D)
• 4iG International Digital Infrastructure (4iG IDI)
• 4iG Távközlési Holding
• HUSAT Programme
• EAGLE (subsea cable)
• CarpathiaSat
• RAC Antidrone
• Rotors & Cams
• 4iG Foundation for a Digital Society
• One Foundation

Products and services

• One Magyarország (One Hungary) Telecommunications Services
• One Albania Telecommunications Services
• One Montenegro Telecommunications Services
• One Macedonia 5G Standalone Mobile Network
• 4iG Informatikai Managed IT Services and Systems Integration
• 2Connect Wholesale Telecommunications Infrastructure
• Ace Network IT Infrastructure Solutions
• Hungaro DigiTel VSAT Satellite Communications
• HUSAT Satellite Programme (HUGEO and HULEO)
• RAC Antidrone Counter-UAV System
• Rotors & Cams Custom UAV Systems
• CarpathiaSat Geostationary Satellite Communications
• EAGLE Submarine Data Cable System
• SziMeTour AI Route Optimization System
• MEHASCAN5D Quality Control Measuring System
• Laboratory Information Management System (LIMS)
• Medical Diagnostic Tool for Genetic Results
• INFCARE8 Patient Monitoring and Video Surveillance
• Telemedicine Eye-Movement Diagnostic Platform
• ENVIROTOX Environmental Testing System
• FaceKom Digital Customer Identification and KYC Solutions
• Mobil Adat Managed Data Transmission Services
• PR-Telecom Fixed-Line Telecommunications
• Brisk Advertising Quality Control and Forwarding System
• CarpathiaSat Geostationary Communications Satellite Project

Quantifiable outcome

• 4iG Távközlési Holding achieved 47.8% EBITDA margin and HUF 118.2 billion net profit in 2025
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability25 records

Feature7 records

Partnerships

15 partnerships are on record, tiered strategic, flagship and core.

• Condor S.A. (Brazilian Non-Lethal Technologies)strategicStrategic or Co-development Partner · 16 June 2026Non-binding term sheet for joint venture in Hungary plus regional expertise and testing centre for non-lethal defence technologies. Focus on development, manufacturing, and commercialisation of non-lethal solutions for military and law enforcement, with related training and testing activities.
• Grid TelecomflagshipStrategic or Co-development Partner · 7 May 2026MoU for strategic collaboration in wholesale telecommunications and cross-border digital infrastructure. Development of high-capacity terrestrial optical fiber link between Albania and Greece, and potential subsea cable system in Adriatic/Mediterranean Seas creating digital corridor to Middle East and European destinations.
• Northrop GrummancoreStrategic or Co-development Partner · 7 April 2026Multimillion dollar agreement for HUSAT programme including HUGEO geostationary communications satellite based on GEOStar-3 platform, delivery scheduled for 2030. Expanded MoU covering counter-UAS systems, advanced weapons, and precision guidance systems for joint development and manufacturing.
• L3Harris TechnologiescoreStrategic or Co-development Partner · 7 April 2026Agreement for defence digitalisation and HIMARS rocket system integration onto Tatra military trucks under HUMARS programme. L3Harris positioned as strategic technology partner for tactical communications, networking, simulation, and training systems based on NATO-compatible technologies.
• Apex TechnologycoreStrategic or Co-development Partner · 7 April 2026Framework agreement for joint venture to establish scalable European small satellite manufacturing capacity. Initiative aims to develop mass production model for satellite constellations adapting automotive industry approaches.
• EricssoncoreTechnology or Integration · 5 March 2026Supplier and service agreement with One Macedonia and Macedonia Telecommunications for rollout of North Macedonia's greenfield 5G Standalone mobile network. Project involves deploying 500+ 5G base stations over 4 years as part of EUR 100 million investment strategy.
• e& PPF Telecom GroupflagshipStrategic or Co-development Partner · 19 February 2026Preliminary non-binding agreement for network partnership: 4iG may acquire up to 49% stake in CETIN Hungary; e& PPF may acquire 38% minority stake in 2Connect. Transactions designed to unlock up to EUR 1 billion value through infrastructure sharing model.
• Israeli Drone Manufacturers (Aeronautics Group)coreTechnology or Integration · 20 January 2026Strategic partnership to establish Hungary as European hub for Israeli loitering munitions and reconnaissance drones. Following visits to Aeronautics Group manufacturing facilities, 4iG SDT plans local production and integration capabilities for NATO-compatible export markets.
• European Commission and GÉANTflagshipStrategic or Co-development Partner · 13 October 2025Joint Declaration signed at EU-Western Balkans Investment Forum supporting 4iG's EAGLE submarine data cable project (USD 600 million with Telecom Egypt) linking Egypt, Albania, and Italy. Project designated as flagship initiative aligned with EU Digital Decade 2030 and Global Gateway strategies.
• EDGE GroupcoreStrategic or Co-development Partner · 21 July 2025Three MoUs signed with UAE defence company EDGE Group for joint development of air defence missile systems, loitering munitions, and unmanned traffic control systems for NATO-compatible export markets.
• Telecom EgyptflagshipStrategic or Co-development Partner · 21 July 2025Joint development of EAGLE submarine data cable system connecting Egypt, Albania, and Italy. 2,000-kilometre subsea system expected operational by 2028, establishing low-latency digital corridor from Western Balkans to Frankfurt, Vienna, Sofia, and Budapest.
• Northrop Grumman (Satellite Agreement)coreStrategic or Co-development Partner · 15 November 2022Multimillion dollar agreement to develop Hungary's first communications satellite, planned for deployment in 2030. Initial satellite development partnership preceding expanded defence cooperation.
• Vodafone HungarystrategicChannel Partner/ Reseller/ Distributor · 22 August 2022Heads of terms for potential sale of Vodafone Hungary to 4iG and Corvinus for EUR 1.8 billion enterprise value (9.1x EBITDA). Transaction aimed at strengthening competition and digital development in Hungary.
• Digi CommunicationscoreTechnology or Integration · 30 November 2021Acquisition of 100% of Hungary's Digi for EUR 625 million, providing broadband, TV, and mobile services with advanced infrastructure including 10 Gbps internet service.
• Antenna HungáriacoreStrategic or Co-development Partner · 1 January 202144% ownership in CarpathiaSat Zrt. for Hungary's first geostationary communications satellite. Satellite infrastructure provider for national television/radio broadcasting and VSAT services.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Magyar Telekom: Hungary's incumbent fixed and mobile operator owned by Deutsche Telekom; competes directly with 4iG's One Hungary in mobile, fixed-line, internet, and TV across consumer and enterprise segments. Both companies are pursuing consolidation of the Hungarian telecom market.
• Yettel Hungary: Hungarian mobile operator (formerly Telenor Hungary) now owned by e&/PPF; directly competes with 4iG's One Hungary for mobile subscribers and is the natural counterpart in 4iG's proposed CETIN/2Connect network partnership with e& PPF.
• Vodafone Hungary: Hungarian mobile operator currently under binding heads of terms for sale to 4iG and Corvinus at EUR 1.8B enterprise value (9.1x EBITDA); a direct in-market mobile competitor whose consolidation would reposition 4iG as a top-2 Hungarian operator.
• Digi Communications: Regional telecom operator across Hungary, Romania, and Spain; 4iG acquired its Hungarian Digi subsidiary for EUR 625M. Highly comparable fixed/mobile/internet/TV business model in overlapping Central European geographies.

Regional players

• A1 Telekom Austria Group: Central European telecom operator (Austria, Bulgaria, Croatia, Serbia, North Macedonia, Belarus); provides a comparable regional telecom-and-IT integration footprint to 4iG, especially in overlapping Balkans markets.
• Crnogorski Telekom: Incumbent Montenegro fixed and mobile operator; directly competes with 4iG's One Montenegro in the same national market with overlapping mobile, fixed, and broadband offerings.
• Makedonski Telekom: Incumbent North Macedonia fixed and mobile operator (Deutsche Telekom group); competes with 4iG's One Macedonia greenfield 5G Standalone rollout for mobile subscribers and enterprise customers.
• Hrvatski Telekom: Incumbent Croatian telecom operator (Deutsche Telekom group); a peer to 4iG's regional telecom holdings with similar fixed/mobile/TV product mix and enterprise IT services in the Western Balkans region.

Broad incumbents

• Deutsche Telekom: Global telecom incumbent and parent of Magyar Telekom, Makedonski Telekom, and Hrvatski Telekom; competes with 4iG through its CEE subsidiaries and T-Systems IT services arm across overlapping customer segments.

Emerging players

• Iridium Communications: US-listed satellite communications provider serving enterprise and government markets; comparable to 4iG's Hungaro DigiTel VSAT services and emerging CarpathiaSat/HUSAT satellite business in providing managed satellite connectivity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCBleUsc-2g5gG6TYbkIOJcw
• Facebookfacebook.com/4ignyrt
• LinkedInlinkedin.com/company/4ig

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries26 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A12 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 4iG