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General

America Movil says Telekom Austria girds for consolidation

Wednesday 28 May 2014 | 10:56 CET | News
Telekom Austria is about to undertake a wave of expansion, America Movil CFO Carlos Garcia Moreno said in an interview with Austrian magazine 'News'. He said that America Movil has given an undertaking to expand in central and eastern Europe via Telekom Austria alone, and would do so at full throttle following regulatory approvals. America Movil foresees a major consolidation on the European telecommnications market, supported by a change in European Union regulation.

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