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Troubles at State Holding ÖIAG
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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