Telekom Austria: Authorities Approve Slim´s Entry

Businessn.a. ♦ Published: August 1, 2012; 20:04 ♦ (Vindobona)

As expected, the public telecommunication authority TKK (Telecommunication Control Commission) approved the entry of the Mexican investor at Telekom Austria.

Telekom Austria: Authorities Approve Slim´s Entry / Picture: © Telekom Austria Group

Last week, already BWB (Federal Competition Authority) announced that there are no objections against the entry of Slim. Today, TKK pointed out that the competition in the Austrian telecommunication market will not be damaged. TKK had to examine whether Slim´s entry may affect the usage of frequency licenses. This is not the case, the authority stated today.

Last week, the…