Telekom Austria

Orange-Sale to Chinese Hutchinson Uncertain

The sale of the Austrian subsidiary of France Télécom is not fixed yet. Negotiations already run for four months.

December 12, 2011

Troubles at State Holding ÖIAG

The dividend policy at Telekom Austria is criticized fiercely. Moreover, the new core shareholders at Telekom and OMV cause fears of takeovers.

December 10, 2011

Vienna Stock Exchange: Winners and Losers (2011-12-10)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

December 10, 2011

Pecik Calls For Supervisory Board Members

The new core shareholder of Telekom Austria, Ronny Pecik wants to extend his influence on the management.

December 9, 2011

Telekom Austria: Write-Offs in Belarus

Due to the hyperinflation in Belarus, Telekom Austria´s write-offs could reach up to € 400m.

December 8, 2011

Telekom Austria: “Hyperinflation Accounting” Applicable in Belarus

The Austrian telecommunication group will have to make inflation adjustments for its local subsidiary Velcom.

December 8, 2011

Vienna Stock Exchange: Winners and Losers (2011-12-06)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

December 6, 2011 · Updated: December 6, 2011; 18:01

Vienna Stock Exchange: Winners and Losers (2011-11-28)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 28, 2011

Bewag Sells TV Station BKF

The regional energy provider and a Viennese publishing house have agreed on the sale. Closing is expected to take place in December.

November 25, 2011

New Rumors about Takeover of Phone Service Provider Orange

“3” has reportedly offered € 1.4bn for an acquisition of its competitor. Assets worth € 300m might be sold to market leader A1.

November 25, 2011

Pecik Now Owns 15% in Telekom Austria

The Austrian investor has bought additional shares in the telecommunication group, making him the second largest shareholder.

November 25, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-22)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 22, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-21)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 21, 2011

Austerity Measures or New Taxes?

The Austrian government has to reduce its deficits, after having announced the “debt break”. The social democrats call for property taxes.

November 19, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-17)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 17, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-15)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 15, 2011

Profit Decline for Telekom Austria

Group revenue decline and lower Group EBITDA comparable mainly driven by competition in Austria and FX devaluation in Belarus. In the third quarter, revenues and EBITDA were stable.

November 14, 2011

Spindelegger: Cost Cuts and Privatizations to Save Triple-A

Annual interest payments would grow by € 3bn if Austria was downgraded by one notch.

November 11, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-08)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 8, 2011

No Surprises Expected for Telekom Austria

UniCredit forecasts EBITDA of € 398m for the third quarter of Telekom Austria to Activities in Belarus are still seen as potential risk factor.

November 8, 2011

Croatian Parliament Abolishes 6% Mobile Service Tax

The local subsidiary of Telekom Austria benefits from the abolition of the special tax which caused expenses of € 15.2m in 2010.

October 28, 2011

New Co-Investor for Pecik

Ronny Pecik, who is said to have acquired a substantial stake in Telekom Austria, now has a new partner. The Egyptian Sawiris faces liquidity problems.

October 24, 2011

Pecik to Resell Stake in Telekom Austria?

The Austrian investor is reportedly planning to buy further shares and to sell the package to Russian Vimpelcom in several years.

October 21, 2011

Telekom Austria Appoints Group Compliance Manager

Telekom Austria is going to hire a renowned expert to modernize the company’s compliance management as a relevant countermeasure to guarantee clean business practices.

October 17, 2011

Pecik Acquires Minor Stake in Telekom Austria

The Austrian investor now enters the Vienna-listed Telekom Austria Group. For the time being, Pecik holds a 5.4% stake.

October 17, 2011

Vienna Stock Exchange: Winners and Losers (2011-10-12)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

October 12, 2011

Vienna Stock Exchange: Winners and Losers (2011-10-11)

Daily News-Flash from the Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.

October 11, 2011

Vienna Stock Exchange: Winners and Losers (2011-10-08)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

October 8, 2011

Vienna Stock Exchange: Winners and Losers (2011-10-06)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

October 6, 2011

Vienna Stock Exchange: Winners and Losers (2011-10-05)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

October 5, 2011

Hostile Takover of Telekom Austria?

According to market rumors, Telekom Austria prepares measures against a potential takeover. Currently, the corporation faces several troubles.

October 3, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-20)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners & Losers.

September 20, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-13)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

September 13, 2011

Austrian Telekom: Social Democrats Warn of „Unfriendly Takeover“

For the executive director of the SPÖ, Günther Kräuter, “a new major shareholder from Egypt or Russia would be problematic.”

September 12, 2011

New Major Shareholder for Telekom Austria?

After the exit of a U.S. fund, investor Ronny Pecik might acquire a substantial stake in the Austrian telecommunication group.

September 9, 2011

Emporia Hires Boris Nemsic as Advisor

The telecom expert was appointed to the advisory board of the Upper Austrian manufacturer of mobile phones for elderly people.

September 8, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-07)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

September 7, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-06)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

September 6, 2011

Ex-Chancellor Schüssel Resigns from Parliament

Wolfgang Schüssel retires from the political stage as a consequence of the market manipulation and corruption affair at Telekom Austria.

September 5, 2011

“Telekom, Post and OMV Could Be Privatized Immediately”

Karlheinz Kopf calls for privatizations in the infrastructure sector. Last year, the Austrian state earned € 244m from its shareholdings.

September 5, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-05)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

September 5, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-24)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 24, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-23)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 23, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-19)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 19, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-18)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 18, 2011

Hans Tschuden Remains CFO of Telekom Austria

The Austrian telecommunication group re-elected Hans Tschuden as Chief Financial Officer and Vice Chairman of the Management Board.

August 17, 2011

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
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