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General

America Movil, Austrian govt discuss joint stake in Telekom

Tuesday 25 February 2014 | 09:18 CET | News
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America Movil announced that it has held cooperation talks with other shareholders of Telekom Austria Group, including the government holding company, Oesterreichische Industrieholding (OIAG). The company said it may start formal negotiations on setting up a shareholders' syndicate agreement with OIAG. However, the process is still at a very early stage and an agreement may not be reached. At the moment the two shareholders do not have any common understanding in relation to Telekom Austria. America Movil holds 26.8 percent in the Austrian operator and the government has 28.4 percent.

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Categories: General
Companies: America Movil / Telekom Austria Group
Countries: Austria
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