Saturday, 24 June 2017

America Movil furthers Europe push with Telekom Austria buy

By Mary Lennighan, Total Telecom
Friday 15 June 12

Mexican mobile operator aims to increase its stake in Telekom Austria to 23% later this year.

America Movil made further inroads into Europe on Friday when it announced a share purchase deal that will see it raise its stake in Telekom Austria to around 23% by the end of this year. The Mexican mobile operator said it has reached agreement with Ronny Pecik's RPR Privatstiftung to acquire 21% of Telekom Austria's outstanding shares…

America Movil made further inroads into Europe on Friday when it announced a share purchase deal that will see it raise its stake in Telekom Austria to around 23% by the end of this year. The Mexican mobile operator said it has reached agreement with Ronny Pecik's RPR Privatstiftung to acquire 21% of Telekom Austria's outstanding shares…

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