Kapsch (Austria), telecoms equipment maker, has reacted to the crisis of the telecoms industry by launching a complete overhaul of its business. The company expects to post a 3-figure million loss in 2001. Kapsch will in future act a holding company for four subsidiaries, with each subsidiary to be floated on the stock market. It already has one subsidiary - 'Kapsch BusinessCom', which is responsible for voice and data comms solutions. By mid-2002, the remaining business divisions will be split off into the
