Articles tagged with: Telekom Austria

Telekom Austria to Take EUR400 Million Write-Down on Bulgarian Subsidiary

Telekom Austria Group has issued a profits warning, as it takes an impairment of EUR 400 million on its Bulgarian asset Mobiltel. more

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America Movil Offers $1.9 Billion to Buy Out Telekom Austria Shareholders

Mexico's America Movil has formally launched the expected bid to buy up the rest of the shares in Telekom Austria that are available on the stock market. more

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America Movil Signs Deal to Take Control of Telekom Austria

Mexico's America Movil is launching a full takeover bid for the Telekom Austria Group, having secured an agreement with the Austrian government's own holding company, ÖIAG. more

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Former Telekom Austria Executives Cleared of Corruption Allegations

Two former executives at Telekom Austria have been cleared of corruption charges over allegations that they sold a building at a vastly undervalued price. more

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Telekom Austria;s CFO Leaves the Company Early

Telekom Austria Group has announced that its Chief Financial Officer Hans Tschuden has agreed to prematurely dissolve his contract by 31 May 2014. more

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Telekom Austria Marks 10th Anniversary of Mobile Payments Service

Telekom Austria's m-parking service has marked its 10-year anniversary with a total of over 100 million parking tickets being sold to date via this mobile service. more

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America Movil Moves Closer to Deal with Telekom Austria Shareholders

The Austrian government's state holding company, OIAG has confirmed that it is in talks with America Movil that could see the two form a venture to combine their respective stakes in Telekom Austria Group. more

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America Movil in Shareholder Pact Talks with Telekom Austria Shareholders

Mexico's America Movil has confirmed it is in talks to form a shareholder's syndicate to control Telekom Austria. The Mexican firm currently owns a 27% stake in the European telecoms operator. more

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America Movil Raises Stake in Telekom Austria

Mexican telecoms billionaire, Carlos Slim has decided to consolidate his various shareholdings in Telekom Austria, and transfer it to America Movil. more

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Telekom Austria Debt Ratings Downgraded Following Radio Spectrum Auction

Telekom Austria's debt ratings have been downgraded to Baa2 from Baa1 by the Moody's ratings agency following the mobile network's EUR1 billion debt-financed acquisition of mobile spectrum in the recent auction. more

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