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Telecommunications Industry
Telekom Austria Adjusts Guidance for Devaluation of Belarus Ruble
The Austrian telecommunication group incurred a net loss of € 59.2m in the first half of the year. Revenue expectations for the full year were reduced from € 4.6bn to € 4.5bn.
August 17, 2011
Telekom Austria: Ex-Manager Applied for Leniency
Internal investigations also revealed dubious real estate transactions in the Austrian telecommunication group.
August 11, 2011
Former Board Member of Telekom Austria Admits Share Price Manipulation
Pressure is growing in the affair: Three former board members are said to have been involved in market manipulation.
August 10, 2011
Corruption Scandal at Telekom Austria
After internal inspections, the Austrian telecommunication group sent an extensive report to the public prosecutor’s office. One employee has been fired already.
August 8, 2011
Telekom Austria Closes Acquisition of Croatian B.net
The Austrian telecommunications group has received green light from Croatia’s competition authority for the acquisition of the country’s largest cable operator.
August 8, 2011
Boris Nemsic Joins Delta Partners
The former CEO of Telekom Austria was appointed executive partner of Delta Partners' investment business.
July 6, 2011
Telekom Austria Refrains from an Acquisition of Telekom Srbija
For the time being, the Austrian telecommunications group has no intention to pursue a deal with the Serbian government after negotiations had failed in May.
June 16, 2011
Telekom Austria Acquires B.net Hrvatska
The telecommunications group purchases Croatia’s largest cable operator from Bewag, an Austrian regional electricity supplier.
June 8, 2011
Telekom Austria Bidding for Kosovo Telecom
The Austrian telecommunications group and a Croatian competitor have been shortlisted in the privatization process of Kosovo’s most profitable company.
June 7, 2011
France Telecom Evaluating Its Activities in Austria
The future of Orange Austria could be decided before October. The cooperation in networks might have been the first step towards a merger with T-Mobile Austria.
May 25, 2011
EPIC Completes the Acquisition of UkrTelekom
The Austrian financial investor purchases 92.79% of the Ukrainian telecommunications company for € 921m.
May 16, 2011
Surprisingly High Losses for Telekom Austria
After profits of € 91.2m in the first quarter of 2010, Telekom Austria suffered losses of € 79.2m in Q1/2011. This is mainly due to a social restructuring plan.
May 11, 2011
Telekom Austria: Serbian Deal Failed
The new offer by Telekom Austria is rejected in Serbia: the sale has failed.
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
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
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: 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
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
Kapsch Wins Order in Serbia
The Austrian Kapsch CarrierCom wins another order from Southeastern Europe with DataXtender.
February 9, 2011
Below Average Privatization in Austria, according to ECEG
Regarding privatizations, Austria is still far behind, according to the European Coalition for Economic Growth (ECEG).
February 4, 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
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
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
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
Siemens Austria Participates in Construction of Zagreb’s Main Train Station
The consortium Siemens AG Österreich and Elektrokem d.o.o from Zagreb has been awarded the contract for the delivery of a modern electronic switch system
November 18, 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
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
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
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