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Telekom Austria Under Pressure

Published: November 12, 2012; 19:54 · (Vindobona)

The biggest telecommunication operator in Austria is expected to record lower profits. Moreover, the share price has reached an all-time low today.

Telekom Austria Under Pressure / Picture: © Telekom Austria Group

For weeks, Telekom Austria´s share price is shrinking steadily. Today, the Vienna-listed telecommunication company only has a share price of € 4.56. In the morning the share has reached its all-time low at € 4.51. Thus, Telekom Austria´s market capitalization is declining drastically. Since the beginning of 2012, the share price was down by more than 50%. The new shareholder…

This article includes a total of 132 words.

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