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Telekom Austria: Acquisition of „Yesss!“ Uncertain

Published: September 27, 2012; 20:05 · (Vindobona)

In an interview with „börseexpress“, Telekom Austria´s CFO Hans Tschuden explains that the takeover of Orange´s discount brand “Yesss!” must be re-considered.

Telekom Austria: Acquisition of „Yesss!“ Uncertain / Picture: © Telekom Austria Group / Klaus Vyhnalek

Until the end of November the Commission will decide on,the main transaction between Orange and Hutchison 3G. Tschuden says that Telekom Austria will wait for the final decision of the EU Commission and the Austrian Federal Competition Authority. “Then, we will examine the situation thoroughly. The transaction must be economically reasonable.” Telekom Austria would pay € 390m for…

This article includes a total of 218 words.

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