There’s no stopping the Hungarians these days and the latest new-fangled western concept to find favour in Budapest is the cellular mobile telephone. Hungary has called in Alan Bond’s Bond Corp Holdings Pty Ltd to take management and operational control, and the Perth, Western Australia company says it has signed a preliminary agreement for a 50-50 joint venture with Co-opinvest, Budapest to build and operate a system compatible with the pan-European digital standards, with capacity of 50,000 subscribers. It is planned to be up in 18 months.
