Telekom Austria

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 AG / Quarterly Report

Telekom Austria AG is declaring the following financial reports below.

February 10, 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

America Movil Wants Telekom Austria to Grow Faster

Mexican telecom giant America Movil, now the majority owner of listed Telekom Austria, wants the Austrian operator to grow faster in terms of revenues. In the words of Carlos García Moreno, CFO of America Movil and Telekom Austria’s supervisory board member, profit will grow together with the revenue, provided the costs are kept in reign.

January 8, 2015

Administrative Court Rejects T-Mobile Complaint Against LTE Auction

Austria's administrative court VwGH rejected the complaint filed by mobile telco T-Mobile against LTE frequencies auction as groundless, the court said Thursday.

December 11, 2014

Ametsreiter: "Telekom Austria Plans no Major Acquisitions"

Listed incumbent telco Telekom Austria, a unit of America Movil, plans no major acquisitions, despite the recently completed major capital hike, CEO Hannes Ametsreiter told Reuters news agency on Monday.

December 1, 2014

Telekom Austria to Invest EUR 400 Mln in Broadband

Telekom Austria wants to spend "up to EUR 400 million” from the recent capital hike worth almost EUR 1 billion (USD 1.25 billion), in the expansion of broadband infrastructure in Austria.

November 27, 2014
Fast News Search