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General

Telekom Austria denies reports of expansion in E Europe

Thursday 30 May 2013 | 15:24 CET | News
Telekom Austria has denied that it is planning further expansion in Eastern Europe, reports Reuters. Over the past month, local newspapers have reported that the company was setting up a new holding company to fund further expansion in the region. It already has operations in seven central and eastern European markets including Bulgaria, Croatia and Belarus. Speaking at the company's annual general meeting, chairman Rudolf Kemler said that there were no concrete plans for an eastern Europe expansion. CEO Hannes Ametsreiter said that the company was examining international synergies with

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