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Orange to Withdraw from Austria?

Published: October 4, 2012; 20:06 · (Vindobona)

Insiders report that the third-largest telecommunication service supplier in Austria may leave. The merger with Hutchison is in a critical condition.

Orange to Withdraw from Austria? / Picture: © Orange

In the last two years, Orange only made minor investments in Austria. For insiders, there are some indicators that Orange may withdraw from Austria. The third-largest telecommunication supplier is owned by Télécom France (35%) and Mid Europe Partners (65%).

In the last two year, Orange cut investments substantially. At the auction of the first LTE frequencies in September,…

This article includes a total of 332 words.

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