0
Wireless

3 Austria to pay EUR 1.4 bln for Orange Austria - report

Friday 25 November 2011 | 09:42 CET | News
3 Austria is close to finalise an agreement to acquire Orange Austria for EUR 1.4 billion, while immediately selling frequency licences, base stations and discount brand Yess! to A1 Telekom Austria for EUR 300 million according to Austrian news portal futurezone.at citing sources close to the talks. 3 Ausitria's parent Hutchison Whampoa already approved a possible take-over in September, which is expected to be closed in December. The first bid made by 3 amounted to EUR 1.35 billion, which was EUR 50 million lower than Orange Austria's current owners France Telecom and Mid Europa Partners

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: 3 Austria / France Telecom / Hutchison Whampoa / Orange Austria / RTR / Yesss!
Countries: Austria
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







Calendar   /   Industry Events

20 Aug Africa Peering and Interconnection Forum
22 Aug Vocus FY results
22 Aug Sky NZ FY results
22 Aug Sunrise Q2 2019
22 Aug VMware fiscal Q2
22 Aug China Telecom H1 2019
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug MNF Group FY results
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug Connected Health Summit
29 Aug Tele Columbus Q2 2019
29 Aug Dell Technologies fiscal Q2
29 Aug Bouygues Telecom Q2 2019
29 Aug Cyfrowy Polsat Q2 2019
29 Aug Tech Data fiscal Q2
29 Aug Marvell Technology fiscal Q2
29 Aug Axiata Q2 2019
29 Aug Tele Columbus AGM
::: More Calendar Items