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A Step Towards Better Connectivity

A Step Towards Better Connectivity

Hungary
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The Hungarian Parliament is discussing a proposal on the amendment of the Act on Electronic Communications in order to implement the regulations of EU Directive 2018/1972. This latter Directive was adopted by the European Union in December 2018 to set up the European Electronic Communications Code. Member Sates shall implement its regulations until 21 December 2020 after a 2-year long preparation period.

The European Electronic Communications Code establishes common EU rules and objectives on the telecom industry by revising and modernising the pre-existing framework regulation. The new regulation enables the rapid roll-out of 5G and other next generation network technologies throughout Europe, encourages innovation and strengthens consumer protection in the area of electronic communications. The new rules also introduce a public warning system, i.e. a so called “reverse 112” system at national level, which allows states to alert people directly on their mobile phones of major emergencies such as natural disasters or terrorist attacks (which shall be implemented by Member States by 21 June 2022).

The implementing measures of the Hungarian proposal include regulations on end-users’ rights, spectrum management, provisions on encouraging competition and stimulating investment in very high capacity networks, respectively improving consumer protection. The proposal contains provisions on national regulatory authorities and establishes a set of procedures.

The European Electronic Communications Code was designed to implement the changes in markets, consumer trends and technology, which have significantly changed since 2009 when the framework had been last amended. Due to these changes, connectivity and take-up of very high capacity networks, including fixed, mobile and wireless networks, of EU citizens and businesses will be strengthened and encouraged.

By Rita Parkanyi, Partner, KCG Partners Law Firm

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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