Telekom Austria: Pecik Denies Sales Talks

People ♦ Published: March 19, 2012; 19:12 ♦ (Vindobona)

The Austrian investor Ronny Pecik is said to have had sales talks with China Mobile. Pecik reaffirms to remain at Telekom Austria as “long-term investor”.

Telekom Austria: Pecik Denies Sales Talks / Picture: © Telekom Austria Group

Rumors on Pecik do not end. At the moment, the Austrian investor holds a shareholding between 20% and 25% in Telekom Austria. Pecik is said to re-sell the recently acquired stakes.

Insiders reported that Pecik tried to gain China Mobile as buyer. However, the Chinese rejected Pecik´s claims. The valuation of Telekom Austria should have been too high. Pecik denies: “There has…