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General

America Movil acquires 4.1% stake in Telekom Austria

Wednesday 6 June 2012 | 08:59 CET | News
America Movil has acquired a stake of 4.1 percent in Telekom Austria, according to Oscar Von Hauske, head of fixed operations at America Movil, cited by Reuters. He reacted to Austria media reports and said that the stake was acquired through the market. Von Hauske told Reuters that American Movil has been looking for some time at Telekom Austria, but declined to comment further. The news was broke by Austrian magazine News, which said that Carlos Slim, the billionaire owner of American Movil, was in talks with Telekom Austria shareholder Ronny Pecik on combining their stakes in the company.

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Categories: General
Companies: A1 Telekom Austria / America Movil / KPN
Countries: Austria / Netherlands
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