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Tag: telekom austria
Telekom Austria acquires Macedonia's Blizoo
2014-06-23 15:27:00| Telecompaper Headlines
(Telecompaper) The Telekom Austria Group has signed a contract to acquire 100 percent of Macedonian cable TV operator Blizoo, which offers TV services, broadband and fixed voice. The acquisition, subject to regulatory approval, will enable the second-largest mobile operator on the local market, Vip Operator and Blizoo to offer bundled fixed and mobile services. Macedonia thus becomes the fourth market where Telekom Austria will offer convergent services. Blizoo has 63,000 subscribers, of which 47,000 are broadband subscribers. In 2013 its revenues amounted to approximately EUR 10 million and EBITDA reached EUR 4 million. No financial details of the takeover were disclosed.
Tags: austria
telekom
acquires
telekom austria
Telekom Austria buys Macedonian cableco
2014-06-23 02:00:00| Total Telecom industry news
Vip operator works towards fixed-mobile convergence thanks to tie-up with Blizoo.
Tags: austria
telekom
buys
macedonian
Telekom Austria board neutral on America Movil bid
2014-05-28 09:22:00| Telecompaper Headlines
(Telecompaper) The management board of Telekom Austria has given a neutral opinion on America Movil's proposed takeover for the company. In a report on its evaluation of the bid, the board said it would not give a specific recommendation on whether shareholders should accept or reject the offer. The management's own plans suggest a higher enterprise value for the company than the EUR 7.15 per share offered by America Movil. At the same time this is based on the assumption that the operator's key markets will recover eventually - something uncertain at the moment. Furthermore the management's discounted cash flow valuation does not take into account any of the expected synergies from working with the larger America Movil group or the planned EUR 1 billion capital increase. The board's report further lays out the pros and cons of the takeover bid and remaining independent. Telekom Austria's supervisory board backed the management and also refrained from issuing a specific opinion on the bid.
Tags: board
america
austria
bid
America Movil launches 1.4bn Telekom Austria takeover bid
2014-05-16 02:00:00| Total Telecom industry news
Shareholders given until 10 July to weigh 7.15 per share offer.
Tags: america
austria
bid
telekom
Telekom Austria AG
2014-05-14 22:28:02| Steel - Topix.net
Telekom Austria AG has been given a consensus rating of "Hold" by the eight ratings firms that are currently covering the company, American Banking News.com reports .
Tags: austria
telekom
telekom austria
austria telekom
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