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Vienna International Media Industry News
Read the latest headlines about developments in the international media industry in Vienna and Austria
Telekom Austria: Serbian Deal Failed
The new offer by Telekom Austria is rejected in Serbia: the sale has failed.
May 7, 2011
Workers Continue Feeling the Crisis
The Austrian Working Climate Index increased only slightly from 107 to 108 points during the last half-year. According to the Labor Chamber, the crisis has not been mastered yet, particularly for workers.
May 7, 2011
New Bid for Telekom Srbija
The Telekom Austria Group Submits a Revised Conditional Bid of up to € 1.1 Bn for the Acquisition of a 51% Stake in Telekom Srbija
May 4, 2011
Serbian News: "Stake in Telekom Srbija already Sold to Telekom Austria"
Although there is still no official announcement from the government on the sale of Telekom Srbija, there is speculation the company has already been sold, Serbian B92 reports.
May 2, 2011
Telekom Srbija: Rising Prospects for Telekom Austria
Telekom Austria might still succeed in Serbia with an alternative solution. The mobile subsidiary would have to be handed over.
April 22, 2011
It is Official: T-Mobile and Orange Launch Network Cooperation
The German and French telecom companies expect to save € 60m. The network coverage is to increase by 10%.
April 22, 2011
Cooperation between T-Mobile and Orange
A joint radio network is established by the German and the French telecommunications groups in Austria.
April 16, 2011
Decline in Sales for Salzburg AG
The Salzburg AG for energy, transport and telecommunications could hold its profits stable despite falling sales.
April 13, 2011
Telekom Austria Receives an Extension
Telekom Austria has been granted an extension of the deadline for submitting a revised offer for 51% of Telekom Srbija.
April 13, 2011
Speculations on Improvement of Bid of Telekom Austria in Serbia
Telekom Austria (TA) has time until 12 April to increase the bid for a majority stake in Telekom Srbija. TA does not seem to be totally uninterested.
April 8, 2011
Red Bull Mobile now also in Belgium
The Austrian beverage company strives to develop a new business area within the telecom sector. After Austria, Switzerland, Hungary and South Africa, Belgium is to be established as its fifth market.
April 7, 2011
Serbia: Intense Resistance to Possible Sale to Telekom Austria
Tempers run high In the sale process of selling the majority government owned Telekom Srbija. The union puts pressure on the Serbian government.
April 6, 2011
Turkcell Intends to Get Into Austria
The Turkish mobile operator strives for an entry into the Austrian market.
April 1, 2011
Telekom Srbija: Improvement required of Telekom Austria
Telekom Austria, as the only bidder is required by the Serbian government to improve its bid significantly in the currently stopped selling process.
March 30, 2011
Sale Process of Telekom Srbija to be Cancelled
According to Serbian newspapers, the sale of the Serbian telecommunication company to Telekom Austria has failed.
March 28, 2011
Serbia to Decide on Telekom Sale by Monday
The Serbian government still evaluates Telekom Austria´s bid on Telekom Srbija. Telekom Austria could still improve its offer.
March 26, 2011
Serbia: Bid of Telekom Austria is "Insulting"
Only Telekom Austria remained in the takeover offer for the majority stake of Telekom Srbija. The offer causes resistance in Serbia.
March 23, 2011
Telekom Austria Submitted Bid for Telekom Srbjia
Telekom Austria Group Submits a Conditional € 800-950m Bid for a 51% Stake in Telekom Srbija.
March 22, 2011
EPIC: Acquisition of Ukrainian Telekom is arranged
The purchase of the Ukrainian Telekom company by the Viennese financial investor EPIC has been completed. The purchase price is € 946m.
March 12, 2011
Orange: Customer Growth and More Profits
The French telecommunications company in Austria managed to increase its profits in Austria despite falling sales.
March 11, 2011
Telekom Srbija: Duel between Deutsche Telekom and Telekom Austria
In the selling process of the Serbian Telekom, the German and the Austrian telecom companies are seen as favourites.
March 7, 2011
Advertising Climate Index for Austria's Economy Shows Upward Trend
Advertising Climate Index: Economic Chamber and WIFO create the opportunity for more precise analysis of the Austrian advertising market situation.
March 5, 2011
Optimism in Austria's Creative Industries
Creatives wish to go new ways to support SMEs with creative services. The economic and technical network is to be intensified.
March 3, 2011
High mobile phone use by Austrian SMEs
In three out of four SMEs every employee has a cell phone, and half the SMEs can imagine communicating exclusively via mobile telephony.
February 19, 2011
Epic Acquires 93% of Ukrtelecom
The Austrian investment company Epic has reached an agreement to acquire 93% of the Ukrainian company for € 1.0bn
February 15, 2011
Telekom Austria Stands Before a Purchase in Croatia
The Burgenland energy operator Bewag might divest itself in future from its Croatian telecommunications subsidiary.
February 12, 2011
Merger Within Telekom Austria
A1 Telekom Austria Restructures its M-Payment Subsidiaries: paybox and A1 Bank Merge to Form New paybox Bank AG
February 12, 2011
Kapsch Wins Order in Serbia
The Austrian Kapsch CarrierCom wins another order from Southeastern Europe with DataXtender.
February 9, 2011
Billions in Investments are Necessary in the Telecommunications Industry
Investments for three to four billion euro are required by the Austrian network technology according to Karim Taga (AD Little).
January 29, 2011
Telekom Austria Announces Closing of Spectrum Net Takeover
The acquisition of the second Bulgarian fixed network provider will be completed within the next weeks.
January 28, 2011
Croatian Purchase for Telekom Austria
Telekom Austria is facing the purchase of Croatia's fixed-network provider Metronet for the amount of € 100m. However, the bidding process is not complete yet.
January 25, 2011
"Conversations about the Future" between Austrian and Canadian IT companies
The Austrian IT industry, motivated by Canadian success models, intends to strengthen its role in the domestic economy significantly.
January 22, 2011
Telekom Austria: New Acquisitions in Croatia?
The signs of Telekom Austria’s efforts to expand in Croatia are getting more evident. The group is being discrete however.
January 12, 2011
Customer Growth for A1 Telekom Austria
With integrated offers, Telekom Austria managed to win back part of its market share. In particular, the mobile phone division is flourishing.
January 4, 2011
Telekom Srbija: Minimum Price € 1.4bn
The Serbian Ministry of Economy announced today the minimum price for the majority stake in Telekom Srjbija. Telekom Austria is an interested party.
December 23, 2010
Potential of Austria's Creative Industries
Mitterlehner and Leitl: the Austrian creative industry accounts for 60,000 cross-industry jobs and acts as an export driver.
December 20, 2010
Higher Dividends at Telekom Austria
Telekom Austria Group Updates its Cash Use Policy and Provides Financial Outlook at its Capital Market Day.
December 20, 2010
Beko: Sales Drop by 15%
The Austrian IT company Beko Holding AG has to accept sensitive decreases in sales and profits.
December 16, 2010
Controversies About S&T Personnel
The chairman of the Vienna-based IT services provider, Thomas Streimelweger sues the supervisory board because of his dismissal, which he allegedly offered.
December 16, 2010
No competition for Austrian Post
The letter market remains under control of the Post in Austria. Despite liberalization plans, there are no interested parties on the market.
December 15, 2010
Workers Count on Early Retirement
Nearly half the Austrian salaried employees do not expect to work until reaching normal retirement age.
December 10, 2010
It is Official: Telekom Austria Bids in Serbia
What has only been suspected until now, is official: Telekom Austria bids against well-known competitors for the privatized part of Telekom Srbija.
December 10, 2010
Significant Losses at JoWood
The Vienna computer game manufacturer JoWood released its semi-annual report. The loss amounts to € 24 million.
December 5, 2010
Joint Venture Between Swiss and Austrian Post
The Swiss and the Austrian Post have planned a joint venture to bundle international activities. The EU Commission has now issued its authorization.
December 1, 2010
Growth Trend in Austrian Advertising Market
After the crisis year 2009, the Austrian advertising industry expects strong growth. The first signs are already visible.
December 1, 2010
Siemens Opens Multimedia Center in Vienna
Vienna gets new headquarters. Siemens inaugurates a "World Competence Center" for multimedia with its own research areas.
November 25, 2010
Economic Espionage: Damages for 880 Million Euro in Austria
Every year, Austrian companies lose 880 million euro to economic and industrial espionage.
November 18, 2010
GPA: Private Employees Receive 2.2% Salary Increase.
Bigger salaries in trade, crafts and consulting: the negotiators consider this to be a "reasonable result".
November 17, 2010
Post AG Announces Results for Q1-Q3 2010
The Austrian Post experienced a very stable period. Sales declined slightly, EBIT and cashflows increase moderately.
November 17, 2010
S&T Denies Bankruptcy Petition
The Vienna Stock Exchange listed IT company provides S&T is facing widespread allegations. It has been rumored that the company is faced with a bankruptcy petition.
November 12, 2010
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