|This article relies on references to primary sources. (August 2008)|
|Traded as||WBAG: TKA|
|Key people||Hannes Ametsreiter (CEO), Hans Tschuden (CFO), Rudolf Kemler (Chairman of the supervisory board)|
|Products||Fixed line and mobile telephony, internet, digital television, IT services|
|Revenue||€4.33 billion (2012)|
|Operating income||€456.8 million (2012)|
|Profit||€103.84 million (2012)|
|Total equity||€836.1 million (end 2012)|
|Employees||16,446 (FTE, end 2012)|
Telekom Austria Group is a provider of a range of fixed line, mobile, data, and Internet communications services. The company has a 100 per cent share in telecommunications provider A1 Telekom Austria. Its headquarters are in Vienna."
Telekom Austria Gruoup is currently operating in eight countries: Austria, Belarus, Bulgaria, Croatia, Liechtenstein, Macedonia, Serbia and Slovenia. The company's portfolio encompasses products and services of voice telephony, broadband Internet, multimedia services, data and IT solutions, wholesale as well as m-payment solutions.
Telekom Austria's earliest predecessor, the state-owned K.K Post- und Telegraphenverwaltung (PTV), was formed in 1887 when all telephone and mail services in Austria-Hungary were taken over by the state. After World War I, the Austrian portion of the company became simply Post- und Telegraphenverwaltung.
In 1996, with the passage of the Post Restructuring Act, PTV was restructured as a public corporation, Post-und Telekom Austria AG (PTA AG). Only two years later, the telecommunications sector was fully deregulated and PTA was split, with the telecom side becoming Telekom Austria. The company was fully privatised in 2000 and was listed on the Vienna Stock Exchange and the New York Stock Exchange. It was delisted from the NYSE in 2007.
In June 2000, the company invested about 15 million euros to rebrand itself as Jet2Web. However, Jet2Web failed to succeed in the market, being perceived by many as unreliable. The use of the name was discontinued in 2002, and the company name Telekom Austria was revived as the brand name, with a new logo
In June 2006, the company was split into the holding company Telekom Austria Group, with the public switched telephone network becoming Telekom Austria FixNet AG (later renamed Telekom Austria TA AG). In doing so, Telekom Austria FixNet AG became a sister company of affiliate Mobilkom Austria AG.
Both merged in 2010 to form A1 Telekom Austria. Foreign subsidiaries of Mobilkom Austria were transferred to the holding company, so that A1 Telekom Austria would only deal with the Austrian market.
In 2011, misdemeanours by company directors between 2004 and 2006 were made public, erupting into a scandal known as the Telekom-Affäre.
End of the year 2012, Telekom Austria Group had 16.446 employees and generated about €4.33 billion in revenues and a net profit of EUR 103.8 million.
As of 2012, about 49% of the stock is in free float (including employees and self-control). About 28% belongs to the Austrian state through the Österreichische Industrieholding, and about 22% is by América Móvil, both directly and through its Dutch subsidiary América Móvil Europa B.V.
Telekom Austria operates the following foreign companies:
- Mobiltel (Bulgaria)
- Velcom (Belarus)
- Vipnet (Croatia)
- Si.mobil (Slovenia)
- Vip mobile (Serbia)
- Vip operator (Macedonia)
- Mobilkom Liechtenstein (Liechtenstein)
CEO is Hannes Ametsreiter. The vice-CEO and CFO is Hans Tschuden.
- Financial Statements 2012
- Ownership structure - Telekom Austria. Retrieved July 2, 2013.
- "Address Headquarter