The latest media and telecoms industry and company news and analysis from FriedlNews
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Austrian Media and Telecoms Headlines

"3” Will Become European Headquarters for Parts of Group’s IT

Hongkonese Hutchison group will boost the significance of its Austrian subsidiary, mobile network operator "3”. In the future Hutchison Drei Austria will be responsible for the implementation and further development of international IT projects within the Oracle platform in Europe.

June 16, 2016

ORF Broadcasting Centre Funkhaus Sold to Rhomberg

The construction group Rhomberg has won the auction for the ORF broadcasting centre in Vienna. The Austrian broadcaster ORF was in talks with five potential bidders, but Rhomberg submitted the best offer in the end, ORF chief executive Alexander Wrabetz and CFO Richard Grasl said. The sales proceeds are expected to exceed EUR 20 million (USD 22.5 million).

June 14, 2016

More Austrians Into Mobile Banking

Austrians are getting more into mobile banking: more and more of them do banking transactions via smartphones. Currently 61 percent of bank customers use mobile banking services. Last year the percentage rate was merely 48 percent, it follows from an online survey conducted by INGDiBa, carried out in 13 European countries.

June 14, 2016

No Reasons for Further Privatisation of Telekom Austria, Post AG - Infrastructure Min

Austria has no reasons to further privatize partly state-run telco Telekom Austria or the postal firm Post AG, Infrastructure Minister Jörg Leichtfried said in an interview.

June 7, 2016

IT and Consulting Sector Keeps Growing - Sales Up 6.9 Percent

The accounting, consulting and IT association in the Chamber of Commerce presented data on the development of the branch in 2015. According to the report, the branch raised its sales in 2015 by 6.9 percent to EUR 25.24 billion. Export quota in the IT and consulting segments amounted to over 20 percent.

June 3, 2016

EVVA and Umdasch to Invest EUR 2.5 Million in Whatchado

Austrian startup Whatchado which helps post job applications using short video, has received funding to the tune of EUR 2.5 million from the companies Evva and Umdasch. The vocational orientation platform has already helped connect prospective employees with 200 employers via 5,000 individual interviews.

May 3, 2016

Telekom Austria Nets EUR 81 Mln in Q1 2016 After Accounting Adjustments

Listed telco Telekom Austria, a unit of America Movil, saw its share price jump by 5.11 percent to EUR 5.57 shortly after Thursday session open, on the back of Q1 result publication as revenues and EBITDA were slightly above market expectations, UBS analysts wrote in a flash comment. Also the outlook was confirmed.

April 28, 2016

Swiss Sportradar Takes Over Austrian Sports Portal Laola1.at

Swiss company Sportsradar will take over Austrian sports web portal Laola1.at. The price lies in a double-digit million range, according to the information obtained by APA.

April 25, 2016

Austrian Book Trade Troubled in Spite of Growth

The sales of Austria’s book trade sector reached EUR 730 million in 2015, it follows from a study commissioned by Austria’s book retailer Association (Hauptverband des Österreichischen Buchhandels) and retailer Thalia, it was announced.

April 22, 2016

GfK Austria Head Steps Down

Alexander Zeh, head of GfK Austria, has stepped down, GfK confirmed during a press conference in Nuremberg. However, GfK repudiates that his resignation had anything to do with the manipulation of radio tests. Two days ago it was reported that the market shares of Austrian radio broadcasters had been false for at least four years. The broadcasters were informed about this on Tuesday.

April 21, 2016