Read the latest headlines about developments in the international telecoms industry in Vienna and Austria
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Vienna International Telecoms Industry News

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

Mobile Telephony: Growth and Continous Upward Trend

The use of mobile phones and telecommunications industry services continues to increase strongly in Austria.

November 12, 2010

Telekom Srbija: Sale is Resisted

The partially for sale Telekom Srbija which Telekom Austria is said to be interested in, raises passions in Serbia. Opposition to the sale is taking shape.

November 11, 2010

Results of Telekom Austria Group for the First Nine Months

Group revenues declined by 3.9% to € 3,480.1m, operating income increased dramatically.

November 10, 2010

JoWood: Losses Over 20 Million Euro

The stock exchange listed Viennese computer game manufacturer Jowood Entertainment AG continues showing massive losses for the half year. A capital reduction is imminent.

November 9, 2010

Telekom Austria: Good Results Expected for 2010

The CEO of Telekom Austria, Hannes Ametsreiter sees the current financial year as "stable and good".

October 22, 2010

Serbian Telekom: Entry of Telekom Austria?

The Serbian government expects to reach a price of 1.4 billion euro for its 51% share of Telekom. Participation of Telekom Austria is expected.

October 19, 2010

Austrian Post Cooperates with Swiss Post

The two companies plan a joint venture to bundle international activities in the field of addressed advertising mail.

October 15, 2010

Post and Bawag Join Branches

BAWAG PSK and the Post have agreed to work together more closely. BAWAG branches and larger post offices will offer in future both postal and banking services.

October 13, 2010

Online Sports Betting: Competition from William Hill

Local providers of online sports betting get a new competitor. William Hill, Britain's largest betting shop operator (about 2,300 stores) has launched its own Internet offering for Austria.

October 13, 2010

Coface CEE Top 500 - Poland Largest Number of Companies in CEE

Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.

October 12, 2010

Telekom Austria: Interest in the Serbian Telekom Srbija

Following the acquisition of Velcom in Belarus, Telekom Austria (TA) is showing interest in other telcos in the Balkans. Currently, ihe favorite target is Telekom Srbija.

October 6, 2010

Emporia Telecom intends to enter new markets

The innovative Linz based company Emporia Telecom, a global leader in mobile phones designed for the older generation, is growing and wants to conquer new markets.

October 1, 2010

Vienna now has its own Expat Center

In Vienna, the first Expat Center in Austria was opened. The project was handled by the Vienna Business Agency (former WWFF).

September 30, 2010

Insolvencies: Declining Trend for Both Companies and Individuals

KSV expects 10% less insolvencies for 2010, but warns about the consequences of fiscal budget adjustment.

September 28, 2010

webfreeTV - Revocation of Listing at the Vienna Stock Exchange

webfreeTV.com, the multimedia service provider from Burgenland is being excluded from the Vienna Stock Exchange as of October 31 because of repeated violation of disclosure requirements.

September 21, 2010