telekom austria

Telekom Austria takes 100% of Velcom Belarus

Telekom Austria announced that it will acquire the remaining 30 per cent of SB Telecom, the sole owner of Belarusian carrier Velcom, that it does not already own. The total purchase price for the remaining 30 per cent stake amounts to €335m. This transaction will increase Telekom Austria’s stake in Velcom to 100 per cent.

Telekom Austria acquires two Bulgarian cable operators

Telekom Austria is to acquire 100 per cent stakes in the Bulgarian cable operators Megalan Network AD and Spectrum Net AD through its Bulgarian subsidiary M-Tel. Telekom Austria will pay €83m for the stakes.

NSN wins five-year deal from Telekom Austria

Nokia Siemens Networks has won a five-year deal from Telekom Austria Group (TAG) to improve the carrier’s mobile networks performance and energy efficiency. The firms did not announce the value of the contract.

Q2 profits down 16.5% at Telekom Austria

Austrian incumbent carrier Telekom Austria Group has reported that second quarter net profit for 2010 dropped by more than 16 per cent year on year to €68.7m. The firm attributed the decline to intense competition against a backdrop of regulatory and macroeconomic pressure. In particular, said group CEO Hannes Ametsreiter, a drop in fixed network voice minutes and a reduction in mobile termination rates have hit the firm’s income.

3G goes live in Belarus

On Thursday, Telekom Austria’s Belarusian subsidiary Velcom announced the commercial launch of 3G HSPA+ in Minsk and Gomel.

Telekom Austria rolls out 3G in Belarus

Telekom Austria said Wednesday that its majority owned Belarusian mobile subsidiary, Velcom, has been granted a countrywide UMTS license for a price of €9.5m.

Boris Nemsic, CEO Vimpelcom

Having built a portfolio of smaller operations in Central and Eastern Europe as the CEO of Telekom Austria, Boris Nemsic moved in April this year to Vimpelcom, the second-placed Russian carrier that has a portfolio of interests in the CIS as well as Vietnam and Cambodia. The move was a big step up—Telekom Austria had 16.8 million users when Nemsic left compared to Vimpelcom’s 60.9 million.

Government mulls Telekom Austria break-up

Christoph Matznetter, the Austrian government’s economic spokesman, has raised the possibility of spinning off the fixed-line network infrastructure business of Telekom Austria, the country’s incumbent telco, which is partially owned by the state (27.37 per cent).

mobilkom launches HSPA+

Austrian carrier mobilkom laid claim to being the first operator in Europe to launch the HSPA+ flavour of 3G technology on a commercial basis on Monday.

Telekom Austria’s Nemsic to leave for Vimpelcom

Vimpelcom is a far larger operation than TA, with 57.8 million mobile customers across Russia, Georgia, Armenia, Tajikistan, Uzbekistan, Kazahkstan and Ukraine as of Q308. The firm also won licences to operate in Vietnam and Cambodia in 2008. Mobilkom, TA’s mobile arm, which Nemsic ran as CEO prior to assuming control of the whole group, […]

Telekom Austria records a loss in 2008

Austrian fixed and mobile player Telekom Austria reported a net loss for 2008 in the wake of the global credit crunch and its continuing struggle to turn around its fixed line business.   Group net loss for the fourth quarter fell to Eur438m, compared to a profit of Eur41m in the same period in 2007. […]

Telekom Austria profit cut by 12%

Austrian carrier Telekom Austria said Wednesday its net profit for the first quarter dropped 11.9 per cent year on year to Eur129.7m. The operator attributed the decline to costs associated with its Eur730m acquisition of Belarusian cellco MDC in October. However, MDC’s contribution also helped boost revenues by 9.9 per cent year on year to […]

Vodafone buys European fixed line units

Vodafone acquired two European fixed line operations over the weekend, shelling out Eur775m for Tele2’s Italian and Spanish units. The acquisition will give Vodafone almost 2 million fixed telephony customers in Italy, along with 268,000 broadband resale customers and 375,000 direct access and unbundled customers. In Spain, the Big V will acquire approximately 307,000 fixed […]

Telekom Austria buys into Belarus

Telekom Austria expanded its operations into Belarus on Wednesday, when it agreed to acquire a stake in Cypriot SB Telecom, owner of Belarusian mobile operator MDC. The Austrian operator is to pay around Eur730m for a 70 per cent stake in SB Telecom, held by chairman Ead Samawi and his partners. The operator has also […]

Macedonia gets new player

Telekom Austria commercially launched its operation in Macedonia this week. Vip, takes the third slot in the country behind T-Mobile and OTE’s Cosmofon. The new entrant claims to offer some of the cheapest voice prices, giving customers a single round the clock tariff of MKD7.7. “In addition to the license fee of Eur10m we also […]

Telekom Austria: roaming regs no problem

Telekom Austria updated its forecast for EBITDA growth out to 2010 on Monday, including the predicted impact of EU roaming price caps. The key point is that the impact is not going to be particularly significant, despite the widespread predictions of disaster. TA estimates that its earnings before interest, tax, depreciation, and amortisation will rise […]

Austria wakes up to mobile TV

Austrian viewers are, for the first time, watching TV on a mobile as Telekom Austria rolls-out a DVB-H pilot in association with its mobile arm, mobilkom Austria. The pilot, which started September 1 and runs till June 2007, will be viewed by 1000 users over the ‘mobile tv austria’ platform which covers central parts of […]

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