Editing Yettel Hungary (section)

==History==
[[File:Telenor1.jpg|280px|thumbnail|Yettel head offices in Hungary]]
In November, 1993 '''Pannon GSM Telecommunications Ltd.''' signed a [[concession agreement]] and in March of the following year started to operate on the 900 [[Megahertz|MHz]] frequency. In 1999 the company won a tender for the 1800&nbsp;MHz frequency. In November, 2000 it started to operate on the 1800&nbsp;MHz frequency in [[Budapest]], and in March 2001, the whole country.

The network covers 99% of [[Hungary]]. The company has 13 switching centres, more than 1500 base stations and employs 1,060 people. The company's revenue in 2001 was [[Hungarian forint|HUF]] 132.8 billion and profits before taxes were [[Hungarian forint|HUF]] 18.7 billion.

On January 31, 2003 the company had 2,627,000 subscribers representing 40% of the [[Hungary|Hungarian]] mobile market, which was then shared by 3 companies.

[[File:Telenor Logo.svg|alt=|thumb|Telenor Hungary logo (2010-2022)]]
On February 14, 2006 the company changed its main brand to Pannon and refreshed its visual image, in line with the new corporate identity of its parent, [[Telenor]]. On May 18, 2010 the company changed its name to Telenor.

In 2009, the fairness of Pannon's consumer contract terms was challenged in the [[Law of Hungary#Courts and judiciary|Hungarian courts]]. A reference was made to the [[European Court of Justice]] for a [[preliminary ruling]] concerning the role of [[Member state of the European Union|EU member states]]' national courts in dealing with such challenges, which reinforced the ruling that the courts must examine potentially [[unfair terms]] and not apply them if they were found to be unfair, except where the consumer is opposed to that non-application. Whether the terms were actually unfair was referred back to the Hungarian court for resolution.<ref>European Court of Justice, [https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:62008CJ0243 Case C-243/08: Pannon GSM Zrt. v Erzsébet Sustikné Győrfi], paragraph 35, delivered 4 June 2009, accessed 24 May 2024</ref>

In January 2018, the company's management confirmed media reports that there is interest in sale of Telenor's business in southeastern Europe, including Telenor Hungary.<ref name="psale2018">{{cite news|title=Telenor prodaje posao u Srbiji|url=https://www.b92.net/biz/vesti/srbija.php?yyyy=2018&mm=01&dd=26&nav_id=1351710|access-date=27 January 2018|website=B92.net|language=Serbian}}</ref> In March 2018, Telenor sold its business in southeastern Europe ([[Yettel Bulgaria|Bulgaria]], Hungary, [[Telenor Montenegro|Montenegro]] and [[Yettel Serbia|Serbia]]) to the investment fund [[PPF (company)|PPF]], for a sum of 2.8 billion euros.<ref name="TelenorSale">{{cite news|last1=Dagenborg|first1=Joachim|last2=Knudsen|first2=Camilla|title=Norway's Telenor exits central Europe with $3.4 billion asset sale to Czech investor PPF|url=https://www.reuters.com/article/us-telenor-m-a/norways-telenor-exits-central-europe-with-3-4-billion-asset-sale-to-czech-investor-ppf-idUSKBN1GX0NQ|access-date=21 March 2018|website=Reuters.com|date=21 March 2018}}</ref> 

In January 2022, Telenor announced they would change their name to Yettel on March 1, 2022.<ref name="yettel" />