Telekom Austria Reconsiders Takover of „Yesss!“

Businessn.a. ♦ Published: August 4, 2012; 15:00 ♦ (Vindobona)

The takeover of Hutchison/Orange and Telekom Austria/Yesss! becomes difficult. After the new EU requirements, Telekom Austria wants to examine the acquisition again.

Telekom Austria Reconsiders Takover of „Yesss!“ / Picture: ©

The Austrian subsidiary of the Hong Kong based Hutchison Group, which operates the smallest telecommunication service supplier „3“ in Austria, wants to take over „Orange“. At the moment, „Orange“ is number three on Austria´s telecommunication market.

Last week the Commisson of the European Union officially announced that the takeover of Orange by the smaller…