Wednesday, 12 December 2018

Telekom Austria raises €997m from capital increase

By Mary Lennighan, Total Telecom
Tuesday 25 November 14

Telco to use funds for network rollout and M&A; priorities will include in-market consolidation and buying fixed ops.

Telekom Austria has raised just shy of €1 billion from the sale of new shares. The Austrian incumbent kicked off the process earlier this month with a goal of selling 221.5 million new shares and bringing in &euro…

Telekom Austria has raised just shy of €1 billion from the sale of new shares. The Austrian incumbent kicked off the process earlier this month with a goal of selling 221.5 million new shares and bringing in &euro…

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