|Bid||0.00 x 646700|
|Ask||0.00 x 26797000|
|Day's Range||7.33 - 7.63|
|52 Week Range||6.16 - 8.42|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Telekom Austria on Tuesday reported a 16 percent fall in its full-year profit largely due to write-offs related to the value of its local brands after the roll out of its "A1" brand throughout the group in different countries. The company, part of Mexican tycoon Carlos Slim's America Movil, reported net profit of 345.5 million euros ($426.83 million) on revenue of 4.38 (2016:4.21) billion euros. Telekom Austria has had a longstanding monopoly on mobile, landline and internet services in its home market.
Austrian lender BAWAG said its online banking services and its website were back to normal after temporarily shutting down on Thursday due to technical problems, but added that a cyber attack could be ruled out. The systems were rebooted early in the afternoon after BAWAG's internet provider A1 Group, a Telekom Austria unit, said a battery damage at its own power supply system had led to a temporary disruption of the IT system. "Power supply and operations at the data centre are back in a reliable state," A1 said in the statement.
VIENNA/FRANKFURT, Oct 11 (Reuters) - BAWAG, the Austrian bank majority-owned by U.S. private equity group Cerberus Capital Management, plans to raise up to 2.1 billion euros ($2.59 billion) in its initial public offering, which would be the biggest IPO in Austria's history. Sources close to the matter told Reuters in June the listing of a 20-30 percent stake could value Austria's fourth-biggest lender at up to 5 billion euros ($5.9 billion). A prospectus published on Wednesday said up to 40.25 million shares would be offered at a price of 47 euros to 52 euros ($55.60 to $61.51) each.
Austria's former trade union bank BAWAG is planning a stock market debut later this year to set the seal on a decade-long recovery from its near collapse in a fraud scandal. The initial public offering (IPO) looks set to be the country's largest for at least 10 years, and would provide an opportunity for its majority owner, U.S. private equity firm Cerberus Capital Management, to cash in on its investment. Sources close to the matter told Reuters in June the listing of a 20-30 percent stake could value Austria's fourth-biggest lender at up to 5 billion euros ($5.9 billion).
Telekom Austria Ag said on Wednesday it will gradually roll out its local brand "A1" throughout the group's operations in different countries and expects the amortisation of local brand values to weigh on its net results until 2019. The Austrian unit of Mexican tycoon Carlos Slim's America Movil , which in addition to its home market operates in seven eastern European countries, said these brands were worth around 350 million euros ($420 million) in total at the end of last year. More than half of the amount, which is not cash-relevant, will be written off by the end of the first quarter of 2018, Telekom Austria said.
Austrian energy group Verbund's finance chief Peter Kollmann is expected to succeed Ronny Pecik as supervisory board member at Telekom Austria , a spokeswoman for the telecoms group said on Tuesday. The ...
Mobile telecoms firm Hutchison Drei Austria is buying landline-focused Tele2 from its Swedish owner for 95 million euros ($111 million) to create a rival to Mexican tycoon Carlos Slim's Telekom Austria. Drei said on Friday the merged group, led by Hong Kong-based Hutchison, would have around 1 billion euros in annual sales and four million mobile, landline and internet lines.
Telekom Austria, a unit of Mexican tycoon Carlos Slim's America Movil, reported a 7.8 percent rise in second-quarter core profit, helped by strong demand in its home market and in Belarus. While the hit from the abolition of retail roaming charges in the European Union came in slightly lower than expected in the second quarter, the expected losses for the second half of the year remained the same, the group said, without providing more detail. Last year's EBITDA included a negative effect of 38 million euros from falling roaming income, and Telekom Austria said in January it expected a similar impact this year.
Rating Action: Moody's changes outlook on Telekom Austria's ratings to positive. Global Credit Research- 05 Jul 2017. Madrid, July 05, 2017-- Moody's Investors Service has today changed to positive from ...
Telekom Austria, a unit of Mexican tycoon Carlos Slim's America Movil, reported a 1.5 percent rise in first-quarter core profit, helped by currency effects. The 4.9 percent increase in revenues was helped by strong demand in Belarus, where Telekom Austria also benefited from a 12.5 percent appreciation of the local currency versus the euro over the period, the company said. Revenue in its major market Austria rose 2 percent, helped by strong demand for fixed-line broadband services.