aws-mittelstandfonds: Participation in New Telecom Holding in Carinthia

Businessn.a. ♦ Published: October 20, 2010; 18:12 ♦ (Vindobona)

The fund of the Austria Wirtschaftsservice-Agentur (Austrian Economic Service Agency), a company launched last year to finance medium-sized businesses, has now acquired its fourth participation.

aws-mittelstandfonds: Participation in New Telecom Holding in Carinthia / Picture: © AWS Mittelstandsfonds

The fund is participating in the New Telecom Holding in Carinthia, a "highly profitable and rapidly growing company", as the aws-mittelstandsfonds justified the decision. The amount of the investment is not known.

The Carinthian New Telecom Holding operates three divisions. Besides the former Telering Festnetz 1012 fixed network, there is also Xpirio, a voice-over-IP and…