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Vienna International Telecoms Industry News
Read the latest headlines about developments in the international telecoms industry in Vienna and Austria
Slovenia: Commission’s Target to Be Achieved in September
Deputy Prime Minister and Interior Minister Gregor Virant announced that Slovenia will achieve the EU Commission’s aim for approving more budget cuts by the end of September to avoid international bailout.
June 6, 2013
Slovenia: NKBM Still In the Reds
Particularly high risk provision caused the bank a net loss of € 8.5m. Even for the whole of 2013, losses are expected.
May 31, 2013
Hungary: EDP to Be Dropped.
Hungary can count on the termination of the Excessive Deficit Procedure (EDP) by the European Union.
May 27, 2013
US Software Producer Oracle to Invest in Romania
US software producer Oracle will invest approximately € 100m in Romania
May 14, 2013
Serbia: Telekom Srbija to Be Privatized
According to reports by the media, the Serbian government wants to take another try to privatize Telekom Srbija.
April 23, 2013
Hungary: Dissatisfaction Towards Government Grows
Right-wing leader Viktor Orban has been in parliament for almost three years. But the promised reforms and changes to improve the economic situation came to nothing. Protests are arising.
March 18, 2013
Romania: Turnover of Market Services Decreased 14.1 % in January
In January 2013, the turnover of market services rendered mainly to enterprises, in nominal terms, decreased compared to the previous month.
March 14, 2013
Slovak Unemployment Rate on the Rise
In January, compared with January 2012, the employment decreased in five surveyed sectors.
March 14, 2013
Estonia: Hope For Employment Rate to Increase
Employment continued to grow at the end of 2012.
March 8, 2013
Does the Hungarian Telecommunication Sector Face Nationalizations?
According to rumors, Hungary´s government plans to nationalize the Hungarian subsidiary of the telecommunication operator Vodafone.
March 2, 2013
T-Mobile: Profitability Deteriorates
The Austrian subsidiary of Deutsche Telekom suffers from declining turnover and EBITDA figures.
February 28, 2013
T-Mobile Continues Fight Against Orange Takeover
After the takeover of “Orange” by Hutchison Austria, the situation of telecommunication sector has changed significantly. T-Mobile´s management thinks that the takeover is unlawful.
February 19, 2013
Telekom Austria Placed a € 600m Hybrid Bond
The Telekom Austria Group announces that, after a successful roadshow in Germany, Great Britain and the Netherlands, it has yesterday placed a hybrid bond with a volume of € 600m and a coupon of 5.625%.
January 25, 2013
Telekom Austria Has Gained Market Power
After the acquisition of the discount brand “Yesss!”, the market leader Telekom Austria could increase its lead. Nevertheless, the telecommunication group has to manage a lot of challenges this year.
January 15, 2013
Orange: Hundreds of Jobs Endangered
After the takeover of the Austrian telecommunication operator Orange by Hutchison, the management wants to take advantage of the synergies.
January 8, 2013 · Updated: January 8, 2013; 12:00
T-Mobile Fights Against Orange-Takeover
The second-biggest telecommunication operator in Austria wants to prevent the takeover of Orange by Hutchison.
January 2, 2013
Hutchison Takes Over Orange
The Austrian subsidiary of the Hong Kong-based telecommunication group Hutchison Whampoa is now officially entitled to acquire its competitor Orange.
December 22, 2012
Austrian Competition Authority May Prevent Orange-Takeover
This week, the EU-Commission has approved the acquisition of the third-biggest telecommunication company by Hutchison Austria. Austria´s BWB (Federal Competition Authority) is seen as risk factor.
December 15, 2012
Orange Takeover Finally Approved
After more than ten months, the EU Commission approved the takeover of the third-largest Austrian telecommunication operator by the competitor Hutchison Austria.
December 12, 2012
Orange-Takeover: Commission to Announce Decision Next Week
EU Commissioner Joaquin Almunia said that the final decision will be published next week. The deal is likely to be approved.
December 8, 2012
Telekom Austria: Reappointment of CEO Ametsreiter Uncertain
The future of Telekom Austria´s top management is still open. Anyway, the company gets a third management board member.
December 6, 2012
Orange-Takeover: One Step Closer to the Goal
Telekom Austria is allowed to take over the discount operator Yesss!. Now, only the Commission has to approve the whole deal.
November 27, 2012
Hutchison Austria: Takeover Approved
The EU Commission allows the Hong Kong-based telecommunication group to take over its Austrian competitor “Orange”. The Austrian Federal Competition Authority is not convinced yet.
November 21, 2012
Telekom Austria´s Profit Falls Considerably
In the third quarter of 2012, the net income was down by 22%. Revenues declined slightly. In the first nine months of 2012, the performance could improve against the reference period.
November 14, 2012
Telekom Austria Under Pressure
The biggest telecommunication operator in Austria is expected to record lower profits. Moreover, the share price has reached an all-time low today.
November 12, 2012
T-Mobile´s Turnover Shrinks
The second-biggest Austrian telecommunication operator records a decrease in earnings and sales.
November 8, 2012
Telekom Austria´s Vipnet Invests in Croatia
Telekom Austria´s Croatian subsidiary Vipnet Acquires 10 MHz of 800 MHz Spectrum for approximately € 20m in Croatia.
October 30, 2012
Merger Hutchison „3“ and Orange: EU Commission Extends Examination Phase
The Commission announced that the deadline for the deal will be postponed by three weeks.
October 22, 2012
„Austrian Telecommunication Market Is Damaged“
The new CEO of T-Mobile Austria Andreas Bierwirth wants to cut costs drastically. The profitability of the telecommunication industry would suffer from the decreasing prices.
October 17, 2012
Orange Austria Improves Profitability
The third-largest Austrian telecommunication operator records a decrease in revenues. Net income was up, however.
October 17, 2012
Hutchison Tries to Persuade EU Commission
The smallest Austrian telecommunication operator wants the EU Commission to approve the takeover of Orange.
October 8, 2012
Orange to Withdraw from Austria?
Insiders report that the third-largest telecommunication service supplier in Austria may leave. The merger with Hutchison is in a critical condition.
October 4, 2012
Viennese Investors to Sell UkrTelekom
The Ukrainian investor Rinat Achmetow is said to acquire UkrTelekom.
October 3, 2012
Merger Hutchison 3G-Orange: EU Still Sceptical
EU Commissioner Joaqin Almunia expresses his concerns on the merger. “The number of operators would go down to three from four in Austria.” He says.
October 2, 2012
Telekom Austria Aims to Expand in Southeastern Europe
Despite the decreasing sales and earnings, Telekom Austria sees substantial growth opportunities in the SEE region. Regarding the earnings situation, Ametsreiter expects a trend reversal.
September 28, 2012
Telekom Austria: Acquisition of „Yesss!“ Uncertain
In an interview with „börseexpress“, Telekom Austria´s CFO Hans Tschuden explains that the takeover of Orange´s discount brand “Yesss!” must be re-considered.
September 27, 2012
Hutchison 3G: No Further Concessions
The Austrian subsidiary of the Hong Kong-based telecommunication group is not ready to make further concessions to the EU-Commission. For the takeover target Orange, this may cause substantial problems.
September 25, 2012
Slim Now Officially Core Shareholder of Telekom Austria
América Móvil Holds Directly and Indirectly 22.76% of Total Shares of Telekom Austria AG. The seller, the Austrian investor Ronny Pecik has no shares in Telekom Austria anymore.
September 25, 2012
Hutchison: Market Share of 30% until 2015
Hutchison Austria, the smallest telecommunication supplier in Austria, wants to become a hard competitor for the market leader Telekom Austria.
September 24, 2012
Telekom Austria: Drastic Dividend Cut
Telekom Austria Group Cuts its Dividend to € 0.05 for the Years 2012 and 2013. Last year, the dividend came at € 0.38.
September 24, 2012
Merger of Hutchison and Orange Still Uncertain
The takeover of Austrian telecommunication operator Orange by the Hong Kong based Hutchison faces legal problems.
September 21, 2012
EU Against Orange-Takeover
The Commission of the European Union does not allow Hutchison Austria to take over its competitor Orange for the time being.
September 13, 2012
Good Prospects for Orange-Takeover
The Austrian subsidiary of Hong Kong-based Hutchison will be allowed to acquire its competitor Orange, insiders say. The requirements are already fulfilled.
September 11, 2012
Czech Republic: No VAT Increase
The governing coalition failed in seeking approval by the parliament. In order to lower the budget deficit, the government intended to lift the VAT rates.
September 7, 2012
Telekom Austria Considers Partnership With Dutch KPN
At the beginning of December, Telekom Austria´s CEO Hannes Ametsreiter will present a common strategy with Dutch KPN. In meantime, synergies should be found.
August 29, 2012
Ametsreiter Calls for Activity
On the occasion of the Alpbach Forum 2012, Telekom Austria´s CEO Hannes Ametsreiter underlined the necessity of implementing reforms in Austria.
August 29, 2012
Slim to Enter Polish Telecom Firms
The Mexican investor, who recently acquired a 25.9% in Telekom Austria, wants to expand in Poland.
August 25, 2012
Telekom Austria Under Pressure
In Austria, the competitive pressure is growing. America Movil wants Telekom Austria to grow in the CESEE region.
August 17, 2012
Telekom: Growing Profit, Falling Revenues
Today, Telekom Austria Group announced its results for the second quarter ending June 30, 2012. Revenues and earnings were down, net income rose by 70.5%.
August 16, 2012
Telekom Austria: Rise in Earnings Predicted
Next Thursday, Telekom Austria will publish its results for the first six months of 2012. After a loss of € 59.0m, Telekom Austria´s net income should grow to € 76.1m.
August 14, 2012