Telekom Austria Under Pressure

Businessn.a. ♦ Published: August 17, 2012; 15:02 ♦ (Vindobona)

In Austria, the competitive pressure is growing. America Movil wants Telekom Austria to grow in the CESEE region.

Telekom Austria Under Pressure / Picture: © Telekom Austria Group

After the entry of Carlos Slim in June, Telekom Austria hopes to get more funds for further expansion steps in Central and Eastern Europe. For América Móvil, Telekom Austria is a new European platform, Ametsreiter said. An implementation of this announcement would be highly encouraging, Telekom Austria´s CEO added. The potential takeover targets are telecommunication companies in…