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Tag: telekom

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.

Tags: austria expansion seeks telekom

Deutsche Telekom invests in network infrastructure

2013-09-03 10:42:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has outlined plans to build high-performance infrastructure across Germany, with top mobile communications speeds of 150 Mbps. It is also boosting its fixed-line infrastructure with fibre-optic network expansion and vectoring technology, aiming to connect over 24 million households to the fibre network by 2016. Vectoring technology will support speeds of up to 100 Mbps on a large scale. The group is investing over EUR 23 billion in Germany between 2010 and 2015.

Tags: network deutsche infrastructure telekom

Deutsche Telekom may overhaul Eastern Europe ops - report

2013-08-30 09:26:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom is working on an overhaul of its Eastern European activities, the Wall Street Journal reported, citing people familiar with the company's thinking. Its management and supervisory boards will meet in Poland in the week starting 02 September to discuss strategy, one of the people told the Journal. It is unclear whether the meeting will result in agreeing on specific measures.

Tags: report europe eastern deutsche

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

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