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Vienna International Telecoms Industry News
Read the latest headlines about developments in the international telecoms industry in Vienna and Austria
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
Austria's Management and Supervisory Boards’ Salaries on the Test Bench
The partly state-run OMV had the most expensive board of all Austrian corporations in 2009. In total, the oil company spent 10.2 million euro on its bosses, 23.4% more than the previous year.
September 20, 2010
ÖIAG: ÖVP vs. SPÖ
Schieder and Rudas demand dissolution of the state holding ÖIAG, Finance Minister Pröll, on the other hand, wants to “strengthen” it.
September 17, 2010
Telekom Austria Buys Two Bulgarian Cable Operators
Telekom Austria buys two cable operators in Bulgaria: Megalan Network and Spectrum Net. The two companies are worth 83 million euro free of debt; Telekom will pay about 72 million through Mobiltel.
September 15, 2010
Telekom Austria: JPMorgan raised price target
Analysts at JPMorgan have revised their price target.
August 26, 2010
Telekom Austria - Works council suspended due to a consultation fee
Telekom Austria works council member Franz Kusin was suspended by the company due to an alleged consulting fee of €30,000.
August 23, 2010
Telekom Austria Group: results for the first half 2010 and the second quarter 2010
Several negative external effects and the impact of weak economies shape the market environment for Telekom Austria Group. These effects include the unabated fixed-to-mobile substitution and the continued price pressure in major markets.
August 18, 2010
JoWooD Entertainment AG postpones publication of results for Q2 2010
The current state of the consolidation indicates that the group incurred a substantial loss during the first half of 2010 and the management is currently unable to provide reliable information regarding the extent of such losses.
August 18, 2010
Telekom Austria's verifies sale to Russian MTS
Telekom Austria (TA) checks on behalf of the Finance Ministry its own sale to the Russian telecom company MTS.
July 20, 2010
S&T System Integration & Technology Distribution AG - Change to the Management Board
CEO Christian Rosner steps down, company founder Thomas Streimelweger takes over as Chairman of the Management.
June 29, 2010
Internet services industry produces about €6b
The Internet industry employs 33,000 people in Austria. Value creation is estimated at €2.8b.
June 17, 2010
123people wins Venture Capital & Private Equity Award 2010
Jury commends startup success story, "Made in Austria"
June 8, 2010
Telekom Austria approves dividend of 75 cents
Austria's telecommunications service provider Telekom Austria decided at its regular meeting today, a dividend of 0.75 euros for 2009.
May 28, 2010
Telekom Austria AG - Results for the First Quarter 2010
Revenues decline by 5.9% to EUR 1,126.0 million primarily driven by lower revenues in domestic operations and Bulgaria.
May 27, 2010
Telekom and Mobilkom’s staff representatives prefer a fusion - „Together we’re strong”
To allow for a better representation of employees staff representatives of Mobilkom and Telekom agreed to form a demonstrative collusion.
May 19, 2010
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