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

Telekom Austria - Analysts Predict Return to Black

Austrian analysts expect that the annual financial report of Telekom Austria, to be published tomorrow, will show positive results. For 2014 losses were recorded. Again sales should have remained stable. The average sales figure for 2015 predicted by the analysts from Barclays, Credit Suisse, Erste Group and Raiffeisen Centrobank (RCB) is EUR 3.99 billion. This would mean a 1 percent drop, compared to 2014.

Yesterday

Rasinger: Telekom Delisting Would Be Terrible Blow for Stock Market

A delisting of Telekom Austria (TA) from Vienna Stock Exchange would be a terrible blow for the stock market and bad for Austria’s economy as such, investor representative Wilhelm Rasinger told WirtschaftsBlatt daily, commenting on rumours according to which TA’s majority sharehoder America Movil was pondering such a move for TA.

February 3, 2016

A1 Telekom Austria to Be Headed by Margarete Schramböck as of June 1

A1 Telekom Austria, the mobile telecom unit and the Austrian part of the telecom group majority owned by America Movil, will see Margarete Schramböck take over the helm on June 1, the company said in a statement.

February 2, 2016

Discount Portal Groupon Withdrawing from Austria

The US bargain portal Group stopped providing its services in Austria a few days ago. The company explained its move saying there is no basis for profitable operation.

January 29, 2016

Mobile Telcos Cut Tariffs by Up to 30 Pct in 2015

Austrian mobile telcos reduced tariffs of calls and data by up to 30 percent in 2015, shows a comparative analysis conducted by employee interest organisation Labour Chamber (AK), AK said in a statement.

January 26, 2016

UniCredit Bank Austria Named Best Trade Finance Bank in Austria

US financial magazine "Global Finance" selected Bank Austria for the eighth time in a row "Best Trade Finance Bank" in Austria.

January 21, 2016

Bierwirth Appointed Supervisory Board Chair for T-Mobile Poland

Former board member of AUA and current head of T-Mobile Austria, Andreas Bierwirth, has been appointed chair of the supervisory board of T-Mobile Poland. Bierwirth is already member of the supervisory board of Casinos Austria.

January 14, 2016

Innsbruck Ad Agency to Become Service Partner of Chinese E-Commerce Giant Alibaba

Chinese online shopping giant Alibaba is employing the aid of ad agency ICC from Innsbruck. The Tyrolean firm will be global service partner of the retailers in Austria, the southern Germany and northern Italy who want to launch business on international markets through Alibaba.com.

January 12, 2016

Wishing you Peace, Joy and Happiness in the New Year

Dear Reader, As the year comes to an end, I wanted to write and thank you for your support. It's the loyalty of readers like you that enables us to provide our service. This year saw us once again reporting on topics related to cross-border activities in business and diplomacy. Our mission remains to inform and to connect Austria's international professionals and expatriates to enable them to be more productive and successful. Whatever 2016 brings, my editorial team and I will continue to bring you the latest in Austrian-international news and insight. I wish you a peaceful and prosperous holiday season and - till next year. Warm regards, Dr. Peter J. Friedl, Editor, FriedlNews

December 23, 2015

FriedlNews wishes Merry Christmas and a Happy New Year from Vienna!

Warmest wishes for the season, and sincere thanks for your loyalty throughout the years! Our service will be closed untill January 11th, 2016. The FriedlNews Team

December 23, 2015