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The latest media and telecoms industry and company news and analysis from FriedlNews
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Merger Hutchison 3G-Orange: EU Still Sceptical
EU Commissioner Joaqin Almunia expresses his concerns on the merger. “The number of operators would go down to three from four in Austria.” He says.
October 2, 2012
Telekom Austria Aims to Expand in Southeastern Europe
Despite the decreasing sales and earnings, Telekom Austria sees substantial growth opportunities in the SEE region. Regarding the earnings situation, Ametsreiter expects a trend reversal.
September 28, 2012
Telekom Austria: Acquisition of „Yesss!“ Uncertain
In an interview with „börseexpress“, Telekom Austria´s CFO Hans Tschuden explains that the takeover of Orange´s discount brand “Yesss!” must be re-considered.
September 27, 2012
Hutchison 3G: No Further Concessions
The Austrian subsidiary of the Hong Kong-based telecommunication group is not ready to make further concessions to the EU-Commission. For the takeover target Orange, this may cause substantial problems.
September 25, 2012
Slim Now Officially Core Shareholder of Telekom Austria
América Móvil Holds Directly and Indirectly 22.76% of Total Shares of Telekom Austria AG. The seller, the Austrian investor Ronny Pecik has no shares in Telekom Austria anymore.
September 25, 2012
Hutchison: Market Share of 30% until 2015
Hutchison Austria, the smallest telecommunication supplier in Austria, wants to become a hard competitor for the market leader Telekom Austria.
September 24, 2012
Telekom Austria: Drastic Dividend Cut
Telekom Austria Group Cuts its Dividend to € 0.05 for the Years 2012 and 2013. Last year, the dividend came at € 0.38.
September 24, 2012
Merger of Hutchison and Orange Still Uncertain
The takeover of Austrian telecommunication operator Orange by the Hong Kong based Hutchison faces legal problems.
September 21, 2012
EU Against Orange-Takeover
The Commission of the European Union does not allow Hutchison Austria to take over its competitor Orange for the time being.
September 13, 2012
Good Prospects for Orange-Takeover
The Austrian subsidiary of Hong Kong-based Hutchison will be allowed to acquire its competitor Orange, insiders say. The requirements are already fulfilled.
September 11, 2012
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