Profile: Telekom Austria AG (TKAGY.PK)
20 Dec 2013
Telekom Austria AG (Telekom Austria), incorporated in 1996, is engaged as full service telecommunications providers of long distance, local and wireless services, corporate data communications services, as well as Internet services and television broadcasting. The Company also supplies telephones and technical equipment for telephone communications. These activities are conducted primarily in Austria, Croatia, Slovenia, Bulgaria, Serbia, Macedonia and Belarus. The Company operates in five segments: Austria, Bulgaria, Croatia, Belarus and Additional Markets. On January 25, 2011 Telekom Austria Group purchased 100% shares of the fixed line provider Spectrum Net AD through its Bulgarian subsidiary Mobiltel. On February 3, 2011, Telekom Austria Group purchased 80% of another fixed line operator, Megalan Network AD. In June 2011, the Company acquired B.net Cable Operator.
Austria segment consists of convergent products for voice telephony, Internet access, data and information technology (IT) solutions, value added services, wholesale services, television broadcasting (aonTV), mobile business and payment solutions in Austria.Bulgaria segment consists of voice telephony (mobile and fixed line telephone service), access to emergency services, directory services, Internet access, data and IT solutions, value added services, wholesale services, the sale of end-user terminal equipment and payment solutions in Bulgaria.Croatia segment provides mobile and fixed line telephony, value added services and mobile Internet access in Croatia. Belarus segment provides mobile communication services in Belarus. Additional Markets segment provides the mobile communication companies in Slovenia, Republic of Serbia, Republic of Macedonia and Liechtenstein.
Telekom Austria AG