Telekom Austria CEO to leave at the end of July

Telekom Austria today announced the unexpected resignation of its CEO Hannes Ametsreiter, who will leave the company at the end of July. Ametsreiter had a contract up to the end of 2016 with the option to extend it by a …

The post Telekom Austria CEO to leave at the end of July appeared first on Mobile World Live.

Telekom Austria reports Q1 profit drop

Telekom_Austria_logoTelekom Austria, the Austrian incumbent of which America Movil’s Carlos Slim is currently attempting to gain full control, has reported a year on year decline of 26.5 per cent in net profit for the first quarter of 2014. Group revenues for the firm, which has operations in a number of Central and Eastern European markets, were down seven per cent to €975.9m, yielding profit of €40.8m.

Telekom Austria parts with CFO after America Movil conflict

Operator group Telekom Austria has parted ways with group chief financial officer Hans Tschuden. His exit appears to be over a conflict with the operator’s Works Council concerning Latin American operator group America Movil, which recently increased its shareholding in the firm.