Austrian govt open to Slim taking majority Telekom stake

News General Austria 31 JAN 2014
Austrian govt open to Slim taking majority Telekom stake
The Austrian government is open to America Movil holding a majority stake in Telekom Austria, reports Reuters. Speaking on ORF radio, Rudolf Kemler, head of state holding company OIAG, said it was a "secondary question" whether Carlos Slim acquired a majority stake in the company, as long as the government retained a stake of at least 25 percent. This threshold would ensure that the Austrian government's opinion is considered on major decisions. Currently, OIAG holds just over 28 percent and America Movil holds just under 27 percent.

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General

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A1 Telekom Austria,  America Movil

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Austria

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Voice services, Company, Services, Market, Shareholders & subsidiaries, Corporate, Internet Access, Government policy, M&A buyouts & divestments

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