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Tag: austria
TEXT-S&P summary: Telekom Austria AG
2013-01-21 11:19:22| Steel - Topix.net
The ratings on Telekom Austria AG reflect Standard & Poor's Ratings Services' view of the group's "satisfactory" business risk profile and "intermediate" financial risk profile.
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austria
telekom
telekom austria
Telekom Austria forecasts 2013 group sales of EUR 4.1 bln
2013-01-08 11:22:00| Telecompaper Headlines
(Telecompaper) Telekom Austria is forecasting full-year group revenue of around EUR 4.1 billion for 2013, with capex of around EUR 0.7 billion. It intends to pay a dividend of EUR 0.05 for 2012 and 2013. The management expects expects the challenges which characterised the operational environment during 2012 to continue to dominate the development in 2013, namely intense competition in its mature mobile markets, further regulatory cuts, macro-economic headwinds and FX risks. Due to continued low visibility in its major markets, Telekom Austria considers it prudent to limit the financial outlook for 2013.
Footage captures Austria landslide
2013-01-08 00:27:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: An unusual amount of rainfall has caused a number of landslides in Austria. In Salzburg, saturated soil caused a section of forest to slide down a bank into the road below. Local geologist Gerald Valentin described a "cracking" sound as the trees collapsed. Meanwhile in Styria, four people were evacuated when mud buried one home's terrace.
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footage
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landslide
Telekom Austria eyes 800 million euro hybrid bond: magazine
2013-01-03 23:05:28| Telecom - Topix.net
Telekom Austria is eyeing a hybrid bond issue of up to 800 million euros to help finance major investments, Austrian magazine News reported, citing Chairman Rudolf Kemler.
Tags: euro
million
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magazine
3 Austria completes Orange Austria acquisition
2013-01-03 19:25:00| Telecompaper Headlines
(Telecompaper) Hutchison 3G Austria (3 Austria) has completed the acquisition of Orange Austria from its owners Mid Europa Partners (65%) and France Telecom (35%). The transaction has a value of EUR 1.3 billion and took almost one year to be completed as the European Commission, Austrian cartel office BWB and Austrian telecom control commission TKK had to approve several parts of the acquisition. After completion, 3 Austria is now the third largest mobile operator in Austria behind A1 Telekom Austria and T-Mobile Austria. France Telecom reports that they get cash proceeds of around EUR 370 million for the sale of its equity stake. 3 Austria CEO Jan Trionow is happy that the acquisition has been completed and is looking forward to working with his new colleagues to deploy a nation-wide LTE network during the next two years. Part of the acquisition is the sale of frequencies, base station sites, Orange Austria's discount brand Yesss!, as well as certain intellectual property rights currently owned by Orange Austria to Telekom Austria. The value of this sale amounts to EUR 390 million.
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austria
acquisition
completes
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