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General

Telekom Austria CEO expects no hostile America Movil bid

Monday 21 October 2013 | 11:27 CET | News
Telekom Austria CEO Hannes Ametsreiter does not expect its major shareholder Carlos Slim's America Movil to make any unfriendly moves towards the Austrian company, according to Reuters citing Ametsreiter at the Gewinn Messe retail investor fair. He said that America Movil has shown itself as a good partner and he added he did not know if America Movil intended to increase its near 23 percent stake. Speculation about a potential move on Telekom Austria emerged after America Movil dropped its takeover offer this week for Dutch group KPN.

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