Telekom Austria Aims to Expand in Southeastern Europe

Politics ♦ Published: September 28, 2012; 00:16 ♦ (Vindobona)

Despite the decreasing sales and earnings, Telekom Austria sees substantial growth opportunities in the SEE region. Regarding the earnings situation, Ametsreiter expects a trend reversal.

Telekom Austria Aims to Expand in Southeastern Europe / Picture: © Telekom Austria Group / Klaus Vyhnalek

Ametsreiter underlines that the new shareholder Carlos Slim will support Telekom Austria´s growth strategy in Southeastern Europe. At the moment, Telekom Austria observes the market. “As soon as there are opportunities, we will take it.” Ametsreiter says.

After twenty years of declining revenues in the fixed network segment, Ametsreiter expects a trend reversal in the next…