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General

America Movil increases stake in Telekom Austria to 26.8%

Friday 17 January 2014 | 08:22 CET | News
Mexican billionaire Carlos Slim has decided to consolidate his company and family stakes in Telekom Austria. Carlos Telecom, a subsidiary of his company America Movil registered in the Netherlands, has increased its stake in Telekom Austria to 26.8 percent, after purchasing a 3.14 percent stake from a family foundation. The Austrian government remains the largest shareholder in the operator, with 28 percent. The move by Slim clarifies the company's position before regulators, showing its full indirect and direct stake via a number of subsidiaries. Once a company's cumulative shareholding, it

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