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Austrian Media and Telecoms Headlines

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

Let's Print Intends to Become CEE Hub After Merger with UK's Walstead

UK's Walstead group, which inked the agreement to buy Leykam's printing firm Let's Print, wants to set up "the biggest European printing platform for flyers, magazines and catalogues,” Walstead CEO Mark Scanlon said in a press statement.

April 11, 2016

Telco "3” Saw Growth of Result and Client Number in 2015

Mobile telephony operator "3” recorded strong growth last yeart. The number of clients increased by 5 percent to 3.8 million.

March 18, 2016

Orange Telco Takeover by '3' Raised Prices in 2013-14

Austrian competition watchdog BWB as well as telecom regulator RTR will continue to watch mobile networks operators in order to ensure efficient competition, BWB head Theodor Thanner told journalists on Monday at the presentation of an analysis of the impact of Orange takeover by '3' (Hutchison).

March 14, 2016

Private Broadcasters Threaten A1 with Legal Steps

The association of private broadcasters in Austria, Verband Österreichischer Privatsender (VÖP) is considering legal measures against A1 now, the new streaming offer provided by Telekom Austria. The broadcasters find the new service violates copyrights. However, as VÖP head Corinna Drumm reveals, no decision has been made yet.

March 11, 2016

Telekom Austria Set to Launch 5G Network in 2020

Listed telco Telekom Austria, a unit of America Movil, wants to launch 5G network swifter than the current LTE standard in 2020 in cooperation with Nokia, the company's representatives said.

March 11, 2016

Dengler: NZZ.at Could Be More Relevant in Public Debate

The Neue Zürcher Zeitung daily is continuing with its journalistic online project in Austria. "NZZ.at will persist as long as the market for it exists,” head of the NZZ media group Veit Dengler told the press earlier this week during a panel discussion in Vienna. He indicated that it took NZZ am Sonntag, a Sunday issue of the NZZ paper, six years to go into the black.

February 25, 2016