DEUTSCHE TELEKOM TO RAISE STAKE IN AUSTRIA'S MAX. MOBIL TO 81%.

Deutsche Telekom, which announced on February 19 in Vienna that it had raised its stake in Max.Mobil, Austria's second mobile telephony operator, to 71%, will shortly raise its stake further to 81% The move has been confirmed by Deutsche Telekom Chairman Ron Sommer and is intended to strengthen the groups presence on the Austrian market. Following the purchase of shares from Max.Mobil's existing partners - Siemens (4.8%), Bawag (14.51%), Bayerische Landesbank (10.5%), Generali Holding Vienna (8.095%) and Raiffeisen Zentralbank (8.095%) - and the withdrawal of UTA...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT