Telekom
Telekom Austria to axe 1,500 workers
November 12, 2008 Written by James Middleton
Austrian carrier Telekom Austria won market approval this week, for its decision to shed 1,250 jobs over the course of 2009. On Wednesday, the operator reported a 6.2 per cent year on year decline to Eur163m during the third quarter, while revenues for the period were up 4 per cent year on year to Eur1.33bn. [...]
Telekom Austria profits slide 26% on fixed line losses
August 20, 2008 Written by James Middleton
Austrian carrier Telekom Austria reported Wednesday that second quarter profits slipped 26 per cent to Eur96.3m, compared to Eur130.6m in the same period last year. The firm said it was hit by higher interest expenses following the acquisition of Belarusian mobile operation Velcom in October of last year, as well as the effects of mobile [...]
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