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Telekom Austria - Company Report

Company Reports are concise reports that provide a review of the company's activities, corporate strategy and recent developments.
Published: October 2006
Pages: 36

Telekom Austria AG, as Austria's incumbent telecommunications operator, provides fixed-line, mobile, data, and Internet services. The company also provides services through payphones and supplies telephones and technical equipment for telephone communications.

Mobile communications services are offered through Telekom Austria's wholly-owned subsidiary, mobilkom austria which, in addition to providing services in Austria, is responsible for mobile communications service providers in Bulgaria (MobilTel), Croatia (VIPnet), Slovenia (Si-mobil), and Liechtenstein (mobilkom). These operations include wireless Internet access.

Telekom Austria also owns 100% of the Czech Internet service provider (ISP) Czech On Line.

As of October 2006, Telekom Austria was 25.2%-owned by Österreichische Industrieholding AG (OIAG), the Austrian government holding company. The remaining 74.8% of the company's shares are free float. Telekom Austria's shares and ADRs are traded on the Austrian Stock Exchange and the New York Stock Exchange, respectively.

 



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