Slim Officially Holds 9.89% in Telekom Austria

Businessn.a. ♦ Published: June 16, 2012; 11:46 ♦ (Vindobona)

Carlos Slim, who will buy Pecik´s shareholding in Telekom Austria, already exceeded the 5.0% threshold substantially. Slim will become Telekom´s second largest shareholder.

Slim Officially Holds 9.89% in Telekom Austria / Picture: © Telekom Austria Group

The Telekom Austria Group has been informed that on 15 June 2012 América Móvil S.A.B. de C.V. („América Móvil“), Mexico, holds in total directly and indirectly 6.75% of total shares outstanding of Telekom Austria AG. With this transaction América Móvil exceeds the 5% threshold for the announcements of holdings of stocks according to § 91 of the Austrian Stock Exchange…