Sawiris Aims to Stay in Telekom Austria

People ♦ Published: February 24, 2012; 10:10 ♦ (Vindobona)

The Egyptian investor Naguib Sawiris, the partner of the Austrian investor Ronny Pecik, wants to maintain his engagement in Telekom Austria.

Sawiris Aims to Stay in Telekom Austria / Picture: ©

The Austrian weekly magazine “News” reports that the partner of Ronny Pecik, the Egyptian investor Naguib Sawiris, plans to keep his shareholding in Telekom Austria until the competitiveness of the company improves. “One has to stay longer here, in order to analyze possibilities. I am not somebody who enters and leaves spontaneously.”

For Sawiris, “Austria is very…