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Troubles at State Holding ÖIAG
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The dividend policy at Telekom Austria is criticized fiercely. Moreover, the new core shareholders at Telekom and OMV cause fears of takeovers.
Troubles at State Holding ÖIAG / Picture: © Österreichische Industrieholding AG (ÖIAG)
For the state holding ÖIAG, the Telekom Austria is the biggest problem at the moment. The Austrian state holds 28% in Telekom Austria through ÖIAG. The large investment made in 2007 in Belarus is seen more and more critically. This week, Telekom Austria had to report high write-offs caused by the hyperinflation. According to market observers, write-offs could amount to €…
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