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Tag: austria
Telekom Austria Misses Estimates on Competition, Regulation
2013-08-12 10:56:07| Steel - Topix.net
Telekom Austria AG, one of the two European network operators part-owned by Carlos Slim's America Movil SAB, reported second-quarter earnings that missed analysts' estimates as fierce competition, macroeconomic headwinds and regulatory measures curbed profit.
Tags: austria
competition
estimates
regulation
Telekom Austria Q2 sales fall 1.9%, net profit improves
2013-08-12 08:52:00| Telecompaper Headlines
(Telecompaper) Telekom Austria reported second-quarter revenues down 1.9 percent from a year earlier to EUR 1.043 billion, led by weaker sales in its home market and Bulgaria on termination rate cuts and difficult market conditions. EBITDA fell 9.2 percent to EUR 330.3 million, as cost reduction efforts were unable to offset higher costs for customer acquisition and marketing. Net profit improved 54 percent to EUR 52.2 million, thanks to lower costs for restructuring, depreciation and financing. Capex fell slightly to EUR 176 million, and operating cash flow improved 6.9 percent to EUR 302 million. Telekom Austria maintained its full-year outlook for revenues of around EUR 4.1 billion, with competition, regulation and a difficult economy in eastern Europe expected to continue to weigh on results. The group will continue to focus on cost reductions, targeting savings of EUR 100 million in 2013. It slightly lowered its annual capex budget to EUR 650-700 million, from approximately EUR 700 million previously, and maintained its outlook for an annual dividend of at least EUR 0.05 per share.
Telekom Austria has no current plans to leave difficult markets - CEO
2013-08-12 02:00:00| Total Telecom industry news
Austrian operator posts 34% in first half net profit; cuts 2013 capex budget.
Tags: current
leave
plans
difficult
Telekom Austria workers ask govt for statement of intent on ownership
2013-08-09 02:00:00| Total Telecom industry news
Move comes after America Movil made takeover bid for KPN.
Tags: on
statement
austria
workers
A1 Telekom Austria Deploys Coriant Solution to Boost Network Capacity and Enhance Service Agility
2013-08-07 19:19:33| Telecom - Topix.net
Flexible 100 Gb/s-Capable DWDM Transport Solution Delivers Future-Proof Scalability, Fast Service Provisioning, and Low Latency for Enhanced Service Performance Coriant, a global supplier of leading optical transport solutions, announced today that A1, the Austrian subsidiary of Telekom Austria Group, has deployed Coriants hiT 7300 intelligent ... (more)
Tags: service
network
solution
capacity
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