Article Tools

Telekom Austria Prepares Expansion in the Western Balkans

Published: April 11, 2018; 20:38 · (Vindobona)

Telekom Austria is strategically strengthening its search for takeover targets and has made EUR 1 billion available in the war chest. CEO Alejandro Plater has announced his intention to expand again in the Western Balkans (Serbia, Croatia and other countries of former Yugoslavia).

Alejandro Plater: "Telekom Austria is on the lookout for opportunities" / Picture: © Telekom Austria Group / Udo Titz

The A1 Telekom Austria Group, which is majority-owned by the Mexican telecommunications group América Móvil, has reserved one billion euros for the shopping tour.

The international expansion is the best insurance for the CEO of the partial state-owned company for the headquarters in Vienna and job growth in Austria.

Telekom Austria is on the lookout for opportunities…

This article includes a total of 222 words.

or Log In