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Telekom Austria Swings to Loss for 2014

2015-02-10 20:34:38| Steel - Topix.net

Telekom Austria AG said late Tuesday it swung to a net loss in 2014 as macroeconomic conditions in its Central and Eastern European markets and declining revenue in its home market of Austria weighed on results. For the year, Telekom Austria's net loss was a 185.4 million , compared with a 2013 net profit of a 52.1 million in 2013.

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