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Articles tagged with: Velcom and Telekom Austria Group
Telekom Austria Quarterly Profit Drops by a Third
Telekom Austria Group has seen a five percent drop in first-quarter revenues to EUR 1.2 billion (US$1.6 billion) primarily due to lower revenues in the landline division. Net profits dropped by 34% to EUR 85.3 million (US$116.2 million) compared to EUR 129.7 million a year ago. EBITDA decreased by 6.4% to EUR 454.8 million (US$620 million) due to weaker contribution from mobile phones division while landlines grows slightly. more
Related Tags: telekom-austria, telekom, Austria
Telekom Austria Group to Offer Mobile Broadband Services in Belarus
The Telekom Austria Group has announced that velcom, its Belarusian mobile subsidiary, will offer mobile broadband to its customers in cooperation with Belcel, a mobile communication service provider. The service will be based on CDMA 450/EV-DO Rev, a technology with data rates of up to 3.1 Mbit/s. more
Related Tags: telekom-austria, cdma-450, belcel, telekom, ev-do, Belarus
Telekom Austria Slips into the Red on Restructuring Costs
Telekom Austria Group has reported full year revenues up 5.1% to 5.17 billion (US$6.6 billion), although EBITDA decreased by 30.2% to 1.3 billion (US$1.66 billion) due to restructuring costs in its landline division which cost it 632 million (US$806 million). Excluding the restructuring program EBITDA increased by 3.9% to 1.93 billion (US$2.46 billion). more
Related Tags: eu, roaming, itu, wind, telekom-austria, european-union, landline, telekom, Austria
Telekom Austria to Cut 1,250 Jobs
Telekom Austria has announced that it plans to cut 1,250 jobs and make a provision of รขโฌ630 million (US$812 million) for the measure in its 4th quarter results. However, as the employees are protected by labour agreements from when the company was state owned, they cannot be made compulsorily redundant and the company hopes to offer incentives for them to take voluntary redundancy. more
Related Tags: rcom, telekom-austria, telekom, Austria
Telekom Austria Confirms Talks Over Belarus Purchase
The Telekom Austria Group has confirmed market rumours that it is in talks on a potential acquisition in Belarus. The company says that additional information can not be given at this point of time. more
Related Tags: telekom-austria