Telekom Austria

Telekom Austria Does Not Bid in Race for Telekom Srbija

Listed incumbent telco Telekom Austria, a unit of America Movil, has not filed a bid in the privatisation of Telekom Srbija, the daily Presse reports.

August 18, 2015

America Movil Wants to Double Revenue Share in Europe, Focus on CEE

Mexican telco America Movil, holding company of Telekom Austria, wants to double the share of the revenue generated in Europe over the next years. Owner of the holding, billionaire Carlos Slim, wants to focus in particular on eastern Europe. Telekom is in charge of eastern European business.

August 13, 2015

Serbia Wants to Sell Telekom Srbija for Over EUR 1.1 Billion

Serbia wants to sell its stake in Telekom Srbija for at least EUR 1.1 billion (USD 1.225 billion) or not at all, PM Alexander Vucic declared on Wednesday.

August 12, 2015

Telekom Austria's Bulgarian Unit M-Tel Gets New CEO

Listed telecom group Telekom Austria saw its Bulgarian unit Mobiltel appoint Alexandar Dimitrov as the new CEO, Bulgarian business newspaper Kapital reports.

August 4, 2015

Telekom Austria: Supervisory Board Satisfied About New CEO

"Today’s decision is a good measure for the development of Telekom Austria group and it has allowed to create clear and costconscious management structure,” supervisory board chairman Wolfgang Ruttenstorfer commented towards the press about the appointment of the new CEO, Alejandro Plater, who will replace Hannes Ametsreiter.

July 27, 2015

Telekom Austria Appoints Alejandro Plater as CEO

Telekom Austria announces that its Supervisory Board has allocated the Chief Executive Officer responsibilities to Alejandro Plater (47) as proposed by the two majority shareholders América Móvil and Österreichische Bundes- und Industriebeteiligungen GmbH (ÖBIB). This appointment will be effective as of 1 August 2015.

July 24, 2015

Telekom Austria AG / Alejandro Plater assuming CEO responsibilities at Telekom Austria Group (Ad-hoc)

The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces that its Supervisory Board today has allocated the Chief Executive Officer responsibilities of Telekom Austria AG to Alejandro Plater (47) as proposed by the two majority shareholders América Móvil and Österreichische Bundes- und Industriebeteiligungen GmbH (ÖBIB). This appointment will be effective as of 1 August 2015. His contract period remains unchanged and runs until March 2018 with an option for a two year prolongation. As of August 2015 he Management Board of Telekom Austria Group will consist of the two members Alejandro Plater and Siegfried Mayrhofer.

July 24, 2015

Telekom Austria Turns to EUR 171.4 Mln Net Profit in H1

Listed incumbent telco Telekom Austria, a unit of America Movil, posted EUR 171.4 million (USD 186.9 million) net profit in H1 2015, way better than a EUR 264.3 million loss in H1 2014, the company said.

July 17, 2015

Austria Telekom CEO Ametsreiter Saying Goodbye

Telekom Austria reported on Friday about a record-high half-year profit of EUR 171 million, exceeding analysts forecasts four times. EBITDA margin was at 34 percent, which was just as impressive as the rate of return, departing Telekom Austria CEO Hannes Ametsreiter told the press. The CEO said his farewell to the company on Friday, too. Once he leaves officially at the end of July, Ametsreiter is going to become head of Vodafone Germany as of 1 October 2015. He stressed in his speech, how difficult the competition was in Austria.

July 17, 2015

Telekom Austria AG / Half Yearly Report

Telekom Austria AG is declaring the following financial reports below.

July 16, 2015