OIAG

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Latin America Operators November 7, 2014

Telekom Austria confirms €1B capital increase

Telekom Austria announced an anticipated €1 billion capital increase, to raise funds it said will be used to improve its capital structure, boost infrastructure investment in its home market, as…

By Steve Costello

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Latin America Operators July 3, 2014

OIAG chairman says Telekom Austria in “precarious” position after Bulgarian writedown

Siegfried Wolf, the new chairman of state holding company OIAG – the biggest shareholder in Telekom Austria – said the surprise €400 million writedown of the operator’s Bulgarian unit put…

Latin America Operators April 25, 2014

America Movil to use Telekom Austria as beachhead for European expansion – report

America Movil, owned by billionaire Carlos Slim (pictured), is planning to use Telekom Austria – soon to fall under its control – as a base from which to make deeper incursions into…

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Latin America Operators March 31, 2014

Telekom Austria state shareholder confirms America Movil talks

Telekom Austria’s state-owned shareholder OIAG confirmed it is in discussions with America Movil regarding a future “syndicate agreement”. It was reported in February that America Movil was looking to take…

By Tim Ferguson