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Austrian Telekom: Social Democrats Warn of „Unfriendly Takeover“

Politics ♦ Published: September 12, 2011; 16:02 ♦ (Vindobona)

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For the executive director of the SPÖ, Günther Kräuter, “a new major shareholder from Egypt or Russia would be problematic.”

Austrian Telekom: Social Democrats Warn of „Unfriendly Takeover“ / Picture: © Vindobona.org

After the U.S.-investment funds “Capital Research and Investment Company” has sold a 15%-stake of its threshold, this step is currently keeping Austrian politics busy. Günther Kräuter, who is in charge of executive director of the Austrian Social Democrats (SPÖ), regards the Telekom Austria as a „sensible segment in the Austrian infrastructure“. A new major shareholder would…