Telekom Austria

Telekom Austria Group to Cut Number of Top Managers in SEE

Telekom Austria Group said on Friday it plans to reorganise its business operations in Southeast Europe (SEE) and to cut in May the number of its top managers in Croatia, Macedonia, Serbia and Slovenia to 8 from 12.

April 24, 2015

Telekom Austria Loses 271.4K Mobile Customers in Austria Over Year

Listed telco Telekom Austria saw its mobile customers number fall by 271.4k or 4.8 percent over the past year in Austria to 5.38 million as of end of March, the company said in the quarterly report out Wednesday.

April 22, 2015

Telekom Austria Net Profit Doubles to EUR 92.7 Mln in Q1

Listed incumbent telco Telekom Austria, a unit of America Movile, smashed market expectations with its EUR 92.7 million (USD 99.0 million) net profit, up by nearly 128 percent y/y, the company said Wednesday.

April 22, 2015

Telekom Austria AG / Quarterly Report

Telekom Austria AG is declaring the following financial reports below.

April 22, 2015

Telekom Austria Seen Netting EUR 51.8 Mln in Q1, Up 27 Pct Y/Y

Listed telco Telekom Austria, a unit of America Movil, will likely post EUR 51.8 million (USD 55.7 million) in Q1 net profit, 27 percent more than a year earlier, on stable revenues, analysts predict ahead of the publication of Q1 figures.

April 20, 2015

Telekom Austria Wants to Launch Operation Against Netflix

Telekom Austria wants to compete with the video streaming service Netflix in Austria. The company plans to launch an alternative service, which will mirror the Mexican concept Claro Video & Musica, Telekom CEO Hannes Ametsreiter said in an interview for economic magazine Forbes (Thursday issue).

April 2, 2015

Telekom Austria AG / Yearly Report

Telekom Austria AG is declaring the following financial reports below.

March 31, 2015

A1 Telekom Austria Broadband Prices to Rise in April

Market leader A1 telco, a unit of listed group of Telekom Austria, will raise broadband prices as of April.

March 18, 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