Media & Telecoms

The latest media and telecoms industry and company news and analysis from FriedlNews
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T-Mobile Austria Doubled Operating Profit to EUR 64 Million

T-Mobile Austria has doubled its operating profit (EBIT) - adjusted by the costs of LTE frequency auction in 2013 - last year to EUR 64 million. Sales decreased by 1.6 percent to EUR 815 million. EBITDA increased by 9.9 percent to EUR 211 million (USD 240 million).


Publishing Company Verlagsgruppe News Intends to Make Turnaround by 2016

After a slump in print run in past years and negative results posted last year, the publishing group Verlagsgruppe News (VGN) is intent on making the turnaround by 2016. The CEO Horst Pirker proclaimed his belief in sustainable growth and success in the print and the digital sectors, during an event organized by the International Advertising Association (IAA)

February 26, 2015

UPC to Lay Off Staff in Austria

Cable company UPC will take savings measures in Austria and Switzerland, and plans to lay off 30 staff in 2015.

February 25, 2015

Telekom Austria has No Plans of Leaving Southeast Europe

Partially state-owned telecom operator Telekom Austria does not plan to exit South and East Europe markets, contrary to Erste Bank and RBI and in spite of significant revenue drops as well as write downs to the tune of EUR 400 million (USD 452.9 million).

February 11, 2015

Telekom Austria Books a EUR 185 Million Loss for 2014

Partially state-owned Telekom Austria recorded a loss of EUR 185.4 million (USD 209.3 million) for 2014. For the previous year the company recorded a EUR 52.1 million profit. Operating result (Ebit) amounted to EUR 3 million (2013: EUR 318.2 million), sales reached EUR 4.02 billion, or 4 percent less than in the previous year.

February 11, 2015

Telekom Austria to Posts Losses for 2014?

Telekom Austria is going to present its financial report for 2014 today. In the first nine months of 2014 the listed telecom operator posted a loss of EUR 190 million and analysts expect the wholeyear loss to amount to EUR 232 million (USD 263.2 million).

February 10, 2015

Telekom Austria Seen Posting EUR 232.2 Mln Net Loss for 2014

Listed incumbent telco Telekom Austria, a unit of America Movil, will likely post EUR 232.3 million (USD 263.5 million) net loss for 2014 on revenues at a stable EUR 4.032 billion, analysts predict ahead of the publication of annual results slated for Tuesday.

February 9, 2015

Telekom Austria Competitors Warn Against Re-Monopolising

The association of Alternative Telecom Operators (VAT) estimates that Telekom Austria claimed 71 percent of the funds provided under subsidiary programme "Broadband Austria 2013”.

January 30, 2015

Austria's Advertising Market Recorded 3.3 Percent Growth in 2014

Income from advertising in Austria in 2014 exceeded EUR 4 billion (USD 4.53 billion) for the first time. Growth of the advertising market amounted to 3.3 percent. Television advertising was the most successful segment of the market last year.

January 27, 2015

State Holding ÖIAG to be Renamed ÖBIB

Austrian state holding ÖIAG is going to be turned into a limited liability company (GesmbH) called "ÖBIB" Österreichische Bundes- und Industriebeteiligungsholding, which will be permitted to make new acquisitions and which will report directly to the Finance Ministry.

January 13, 2015