Telekom Austria: No Need for Capital Increase

People ♦ Published: October 18, 2013; 17:54 ♦ (Vindobona)

Against all rumors, Telekom Austria is doing just fine. As reported by “Handelsblatt” insiders claim that a capital increase, which was speculated on, is currently not an issue.

Telekom Austria: No Need for Capital Increase / Picture: © Telekom Austria Group

"Telekom has no short-term financing problems. There is enough liquidity available," said one source who spoke on condition of anonymity, as reported by Reuters. "A capital increase is not a topic for the short term," another source added. Even in financial circles it was heard that Telekom Austria was not immediately faced with such a measure. The enterprise, however, did not want to…