Is Telekom Austria more expensive than the industry average?

Professional ServicesFinancial Services ♦ Published: June 22, 2010; 00:00 ♦ (Vindobona)

Given the current revenue ­ multiples, the Austrian government would have to pay almost 2 billion euros for the network of TA, which is about half the company's current market capitalization.

Is Telekom Austria more expensive than the industry average? / Picture: © Telekom Austria Group

According to “Börse Express”, the Australian government came to an agreement with the largest domestic telecommunications group, Telstra, over the expansion of the broadband network.

This final agreement was somewhat enforced through a threat of the government to exclude Telstra of future mobile auctions. As Börse Express reports Telstra is now forced to contribute to the…

Fast News Search
Read More