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Telecommunications Industry
Hutchison: „Telecommunication Network Overburdened in Two Years“
Jan Trionow, CEO of Hutchison Austria, appeals on authorities to approve the takeover of the competitor Orange. The Austrian telecommunication network will face capacity problems soon.
July 21, 2012
Hutchison´s CEO: „Austria Benefits from Merger“
Hutchison Austria still holds on the acquisition of the third largest telecommunication service supplier Orange.
July 19, 2012
America Movil Checks Telekom Austria
For one month, the Mexican investor Carlos Slim is the second-biggest investor at Telekom Austria. This week, he collected information about Telekom Austria´s technology and marketing strategy.
July 12, 2012
Croatia Abolishes Mobile Service Tax
Today, the Croatian Parliament decided to abolishes the 6% mobile service tax. For Telekom Austria, this means a substantial relief.
July 10, 2012
Telekom Austria Not Interested in Telecom Kosovo
The privatization of the state-owned Kosovan PTK has begun. Telekom Austria will not participated in the sales process.
July 5, 2012
Austrian Authorities Examine Slim´s Entry at Telekom
After the acquisition of Ronny Pecik´s stakes in Telekom Austria, the Mexican investor will hold 26%. The Austrian Federal Competition Authority (BWB) examines until the end of July.
July 3, 2012
Orange Sale: EU Commission is Concerned too
After the Austrian Federal Competition Authority (BWB) expressed its concerns about the acquisition of Orange by Hutchison Austria, the EU Commission announces to deepen its examination.
June 29, 2012
ÖIAG: No Solution in Sight
Today, the supervisory board of the Austrian Industrial Holding (ÖIAG) had a meeting. A clear strategy will not be found anyway.
June 28, 2012
Orange Deal: „Federal Competition Authority is Ignorant“
The Austrian Federal Competition Authority (BWB) has to examine the takeover of Orange by Hutchison Austria thoroughly. The patience of all parties is limited.
June 28, 2012
Telekom Austria: Pecik Achieved Sale Proceeds of € 882m
The Austrian investor sold his 21.0% share in Telekom Austria to Carlos Slim. The share price was € 9.50.
June 25, 2012
Orange: Takeover Is Questionable
The takeover of the third-biggest telecommunication operator in Austria by the Hong Kong-based Hutchison may fail.
June 22, 2012
Telekom Austria: Slim Expected to Invest Further
The Mexican investor controls about 26.9% of Telekom Austria´s shares. An increase of up to 50% is possible.
June 21, 2012
Slim Officially Holds 9.89% in Telekom Austria
Carlos Slim, who will buy Pecik´s shareholding in Telekom Austria, already exceeded the 5.0% threshold substantially. Slim will become Telekom´s second largest shareholder.
June 16, 2012
Orange Takeover to be Postponed
The Commission of the EU identified several shortcomings in the takeover of Orange by the Hong Kong based Hutchison.
June 15, 2012
Slim Becomes Major Shareholder at Telekom Austria
The Austrian investor Ronny Pecik sells his shares to the Mexican Carlos Slim. The main shareholder ÖIAG welcomes this step.
June 15, 2012
New Top Executive at Telekom Austria
Roland Haidner takes over as Director of Telekom Austria´s M&A Department.
June 11, 2012
Slim to Enter Telekom Austria
The world´s richest man, the Mexican investor Carlos Slim is said to own a 4.0% stake in Telekom Austria and to buy Pecik´s stake for € 9.5 per share.
June 5, 2012
Pecik Finds New Partner
The Austrian investor and second-largest shareholder of Telekom Austria is said to cooperate with a Russian billionaire.
June 1, 2012
Telekom Austria Files for „Yesss!“ Takeover
Telekom Austria Group files with the Austrian Federal Competition Authority the notification for the proposed acquisition of Yesss!
May 31, 2012
Attacks Against ÖIAG, Appeal on Government
The Austrian Chamber of Labor (AK) says that Telekom Austria´s main shareholder ÖIAG has failed. The works council fears a slow, but steady privatization.
May 26, 2012
Sawiris Threatens ÖIAG with Slim
The new shareholder at Telekom Austria Naguib Sawiris announced to sell his stake to the Mexican investor Carlos Slim if the industrial holding ÖIAG does not act cooperatively.
May 24, 2012
Pecik Becomes Member of Telekom Austria´s Supervisory Board
The Austrian investor, who holds a 21.5% stake in Telekom Austria together with his partner Naguib Sawiris, was elected as new supervisory board member. Sawiris was no candidate.
May 23, 2012
Green Party: “Telekom Austria was the Cash Cow“
Gabriela Moser (Green Party) calls the Austrian government to implement a telecommunication strategy. Under the ÖVP-FPÖ government, Telekom Austria was abused as “cash cow”, Moser says.
May 23, 2012
“Telekom Austria May Become Second AUA“
The head of the Austrian investor´s association (IVA) Wilhelm Rasinger fiercely criticizes Telekom Austria´s core shareholder ÖIAG.
May 22, 2012
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
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
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
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
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