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Telekom Austria eyes expansion, investment in E Europe

2013-09-05 11:40:00| Telecompaper Headlines

(Telecompaper) Telekom Austria is looking to exploit America Movil's investment in the company by expanding in Eastern Europe. In an interview with the 'Wall Street Journal Deutschland', Telekom Austria CEO Hannes Ametsreiter said that it was looking at expanding in markets in central and eastern Europe where it already has a presence, as well as new markets, including Serbia, Macedonia and Croatia. He said that Telekom Austria was very interested in Serbian cable network operator Serbia Broadband (SBB) to complement its existing mobile services in the country.

Tags: europe eyes investment austria

 

Telekom Austria seeks expansion

2013-09-04 02:00:00| Total Telecom industry news

CEO Hannes Ametsreiter confirms interest in Serbia Broadband, criticises EU bid to lower roaming fees.

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Telekom Austria eyes EUR 500 mln capital increase - report

2013-08-27 11:22:00| Telecompaper Headlines

(Telecompaper) Telekom Austria is looking to secure fresh capital of around EUR 500 million, reports DerStandard newspaper. This figure is understood to have been discussed at a recent supervisory board meeting. America Movil reportedly supports the plan in order to avoid its 23.7 percent stake in the operator being diluted. It is not clear if government holding company OIAG will participate. It currently holds 28.42 percent of Telekom Austria and would have to contribute around EUR 70 million to maintain a minority stake (25% plus one share), or double that to maintain its existing shareholding. Telekom Austria declined to comment on the report.

Tags: report increase eur capital

 

AUSTRIA: Lenzing lowers outlook on H1 profit drop

2013-08-22 13:37:00| Daily apparel & textile news and comment - from just-style.com

Cellulosic fibre producer Lenzing Group has cut its full-year sales guidance, after reporting a 34.7% drop in first-half profit.

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AUSTRIA: Lenzing lowers outlook on lower H1 profit

2013-08-22 13:37:00| Daily apparel & textile news and comment - from just-style.com

Cellulosic fibre producer The Lenzing Group has cut its full year sales guidance, after reporting considerably lower profit during the first half of the year over the prior year.

Tags: lower austria profit outlook

 

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