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Vienna International Media Industry News
Read the latest headlines about developments in the international media industry in Vienna and Austria
Slim to Enter Telekom Austria?
The Mexican investor Carlos Slim, who is currently the world´s richest man, is said to acquire stakes in Telekom Austria.
May 18, 2012
Telekom Austria: Crucial Shareholder Meeting Comes Closer
On May 23, Telekom Austria holds its next annual general meeting. The new shareholder Ronny Pecik will enter the supervisory board. Conflicts are built in.
May 12, 2012
T-Mobile Austria Posts Stable Results
The Austrian subsidiary of Deutsche Telekom published its results for the first quarter of 2012. Revenues and EBITDA remained stable.
May 10, 2012
Slightly Decreasing Revenues at Telekom Austria
In the first quarter of 2012, the biggest Austrian telecommunication company achieved net income of € 46.9m. EBITDA was down by 8.9%.
May 10, 2012
Orange Takeover: T-Mobile Claims Legal Restraints
According to the Austrian subsidiary of Deutsche Telekom, the takeover of the third-largest Austrian telecommunication service provider would lead to a distortion of competitions.
May 8, 2012
ÖIAG Seeks For Partner Against Pecik
The Austrian Industrial Holding ÖIAG, which is still the largest shareholder of Telekom Austria, wants to gain a strategic investor.
May 5, 2012
Telekom Austria Interested in Kosovo´s PTK
The Austrian telecommunication service provider still shows interest in taking over the Kosovo-based telecommunication company PTK. Last year, the sale was stopped.
May 4, 2012
Telekom Austria: Supervisory Board Recommends Discharge
The Supervisory Board of Telekom Austria AG Recommends the Discharge of the Management Board and the Supervisory Board to the Annual General Meeting.
May 2, 2012
Pecik and Sawiris to Enter Telekom´s Supervisory Board
Together with his Egyptian partner, Ronny Pecik will enter Telekom Austria´s supervisory board. Pecik wants to stop the generous dividend policy.
April 28, 2012
Frequency Auction in Austria Postponed
Due to the delayed Orange deal, Austria´s telecommunication regulators postpone the decision on the wireless spectrum sale.
April 24, 2012
ÖIAG Offers Resistance to Pecik
The Austrian state holding ÖIAG seems to organize resistance against the new shareholder at Telekom Austria, Ronny Pecik.
April 13, 2012
Telecommunication Industry Faces Declining Revenues
Telekom Austria´s CEO Hannes Ametsreiter forecasts declining revenues and profits at the Austrian telecommunication industry. For his own company, Ametsreiter is slightly optimistic.
April 11, 2012
Orange´s CEO: „Takeover by Telekom Austria Is Essential“
According to Michael Krammer, CEO of the third-largest telecommunication service supplier in Austria, Orange is well-financed and healthy. The acquisition of the discount subsidiary by Telekom Austria is “crucial”.
March 31, 2012
Strong Rise in Sales at Hutchison
The Austrian subsidiary of the Hong Kong-based telecommunication service supplier recorded an increase of 30% in sales.
March 30, 2012
Telekom Austria: Bond Issue Completed
The telecommunication company has successfully placed € 750m Eurobond with a coupon of 4.0% p.a. The order book´s volume surpassed the proceeds substantially.
March 27, 2012
€ 2.5bn Bond Issue at Telekom Austria
The subsidiary Telekom Finanzmanagement GmbH Plans to Issue a Benchmark-Sized Eurobond Transaction.
March 26, 2012
Orange Takeover Threatens to Fail
The takeover of Austria´s third-largest telecommunication service supplier Orange by the Hong Kong-based Hutchison Group may be postponed. Orange´s creditors are increasingly nervous.
March 22, 2012
Telekom Austria: Pecik Denies Sales Talks
The Austrian investor Ronny Pecik is said to have had sales talks with China Mobile. Pecik reaffirms to remain at Telekom Austria as “long-term investor”.
March 19, 2012
Pecik Aims to Become Telekom´s Biggest Shareholder
The second-largest shareholder of Telekom Austria, the investor Ronny Pecik, wants to enlarge his stake further in order to initiate a restructuring.
March 17, 2012
Japanese NTT to Enter Telekom?
Telekom Austria will get a new partner. Newest rumors say that NTT could buy Pecik´s stake. Norwegian Telenor is still interested.
March 16, 2012
Pecik Content to Hold Telekom Stake
The shareholder at Telekom Austria will not sell his stake in the near future. Norwegian Telenor is said to be interested in entering Telekom Austria.
March 15, 2012
Press Freedom under Threat in Austria
IPI Alarmed at Justice Ministry Attempt to Undermine Confidentiality of Sources.
March 14, 2012
New Executives for Telekom Austria
The new major shareholder at Telekom Austria, Ronny Pecik, installs a third management board member. The supervisory board will be enlarged.
March 12, 2012
Orange Takeover: Hutchison is Optimistic
The Hong Kong-based telecommunication company Hutchison 3 is sure that the takeover of Orange will be approved by the competition authorities. The competitor T-Mobile is not convinced at all.
March 9, 2012
Beyrer Aims For Strategic Investor at Telekom Austria
The head of the state holding ÖIAG and Telekom Austria´s supervisory board believes that Ronny Pecik will not remain as shareholder. A strategic partner is desired.
March 5, 2012
Plaut Improved Sales and Earnings
The Austrian Plaut Aktiengesellschaft, listed on the General Standard segment of the Frankfurt Stock Exchange, announced its provisional and unaudited consolidated result for fiscal 2011.
February 27, 2012
ORF Recorded Slight Profits in 2011
The Austrian public broadcaster ORF achieved profits of € 11.4m in 2011. Further cost cuts are planned.
February 25, 2012
Hutchinson-Orange Merger: T-Mobile Becomes Impatient
T-Mobile Austria, a subsidiary of Deutsche Telekom puts pressure on the Austrian Competition Authority. The merger must include a number of requirements.
February 25, 2012
Sawiris Aims to Stay in Telekom Austria
The Egyptian investor Naguib Sawiris, the partner of the Austrian investor Ronny Pecik, wants to maintain his engagement in Telekom Austria.
February 24, 2012
T-Mobile Austria Records Declining Results
The Austrian subsidiary of the German telecommunication group registered a decrease in EBITDA by 10.6%. Sales were down by 6.0%.
February 23, 2012
Telekom Austria: Net Loss of € 253m
Revenues were down by 4.2%. The major impact was the last quarter with losses of € 322m.
February 23, 2012
Telekom Austria Extends Contract with CFO
Hans Tschuden, Chief Financial Officer at Telekom Austria will remain until 2015 at least.
February 22, 2012
Orange-Deal: Additional Contribution Threatens
France Télécom and Mid European Partners, the sellers of the Austrian mobile phone operator Orange, may need to pay an additional contribution.
February 22, 2012
Telekom Austria Faces Severe Image Difficulties
Many details over bribery payments from Telekom Austria to politically exposed persons were revealed. Now, the company sues its former executives.
February 18, 2012
Massive Losses Expected for Telekom Austria
Loss expectations range from € 194.9m to € 238m. Sales are anticipated to decline by 4.4%.
February 17, 2012
Telekom Austria: No Expansion in Bulgaria
The Austrian telecommunication group is no longer interested in Vivacom. Problems with competition authorities would have occurred.
February 17, 2012
Rasinger: „Telekom Austria Needs New Executives“
The spokesman of Austrian retail investors, Wilhelm Rasinger, wants to change Telekom Austria´s management, which are “untroubled”.
February 14, 2012
Bulgarian Vivacom: Telekom Austria Has Only Outside Chances
The second-largest Bulgarian telecommunication enterprise is for sale. Telekom Austria is still interested, in spite of dismal prospects.
February 14, 2012
„3“ Wants to Retain „Aggressive Competition“
The Hong Kong-based Hutchinson Whampoa Group, which operates the telecommunication service supplier “3” in Austria, took over the competitor “Orange”. However, “3” keeps its “aggressive” style.
February 4, 2012
Pecik Aims for Reaching Blocking Minority
The Austrian investor Ronny Pecik intends to re-organize the supervisory board. Nevertheless, operating functions are not targeted.
February 4, 2012
Hutchinson Takes Over Orange
The Austrian subsidiary of the Hong Kong-based telecommunication group takes over Orange Austria, a member of France Télécom.
February 3, 2012 · Updated: February 3, 2012; 13:23
Telekom Austria Acquires Discount Brand “Yesss!”
Telekom Austria Group Agrees to Acquire Assets of Orange Austria for a maximum amount of € 390m.
February 3, 2012
Pecik Aims For Becoming Chairman of TA´s Supervisory Board
The Austrian investor Ronny Pecik is said to put effort in replacing the current chairman of Telekom Austria´s supervisory board, Markus Beyrer.
January 31, 2012
New Tax Burden for Telekom Austria
Telekom Austria has to pay tax on mobile network services in Croatia.
January 30, 2012
Telekom: Losses of € 200m Expected
For 2011, Erste Group´s analyst Maria Veronika Sutedja expects high losses for Telekom Austria.
January 25, 2012
Telekom Austria Expects Significantly Lower Profits
Application of hyperinflation accounting leads to an increase in equity of more than € 400m and an impairment of approximately € 300m in 2011.
January 24, 2012
Telekom: Pecik Beyond 20%
The Austrian investor Ronny Pecik exercised existing Telekom Austria call options.
January 20, 2012
Moody´s Downgrades Telekom Austria
The U.S. rating agency lowered Telekom Austria´s rating from A3 to Baa1, which is due to the weak business development.
January 19, 2012
Erste Group Provides Major Loan to Telekom Serbia
The Austrian bank commits € 140m to Telekom Serbia as part of a recent syndicated loan taken by the company. Erste Group acted as joint mandated lead arranger, underwriter and bookrunner.
January 18, 2012
Pecik´s Stake in Telekom Austria Beyond 20%
The Austrian investor currently holds 15.0% of Telekom Austria´s share capital. Furthermore, Pecik owns call options for another 5.1%.
January 17, 2012
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