Magenta Telekom
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Industry | Telecommunications |
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Founded | 1977 1996 (as max.mobil) 2002 (as T-Mobile Austria) 2019 (merger into Magenta Telekom) | (as Telekabel Wien)
Headquarters | , |
Area served | Austria |
Key people | Andreas Bierwirth (CEO) |
Products | Mobile telephony Wireless broadband Internet CATV |
Revenue | €900 million (2017)[1] |
€110 million (2017)[1] | |
Number of employees | 1306 FTE (2017)[2] |
Parent | Deutsche Telekom |
Website | www |
Magenta Telekom is the second largest mobile and fixed company in Austria. It is owned by Deutsche Telekom. As of 2017, it has 5.7 million customers.[1] The company was branded as T-Mobile Austria until 6 May 2019. [3]The display name of Magenta Telekom is: Magenta-T- or T-mobile A
History
The company was founded as max.mobil in 1996 by the Ö-Call consortium. In 2000, the company was bought by Deutsche Telekom. In 2002, max.mobil was renamed to T-Mobile Austria.
tele.ring acquisition
In 2005, T-Mobile Austria acquired mobile provider tele.ring from its parent company Western Wireless Corporation for 1.3 billion euros.[4]
UPC Austria acquisition
In December 2017, T-Mobile Austria announced it would acquire cable provider UPC Austria (originally founded in 1977 as Telekabel Wien) from its parent company Liberty Global for 1.9 billion euros.[5] The acquisition was approved by the European Commission on 10 July 2018.[6]
The company announced plans to retire the "T-Mobile" and "UPC" brands in 2019, merging the companies under a single "T" brand. The new brand name was announced on the evening of 6 May 2019.[3]
References
- ^ a b c Helmut Spudich (February 22, 2018). "Jahrespressekonferenz 2018: T-Mobile Austria schließt 2017 mit solidem Wachstum ab" [Annual Press Conference 2018: T-Mobile Austria closes 2017 with solid growth] (in German). T-Mobile Austria.
- ^ "T-MOBILE AUSTRIA NACHHALTIGKEITSBERICHT 2017" [T-MOBILE AUSTRIA SUSTAINABILITY REPORT 2017] (in German). T-Mobile Austria.
- ^ a b Helmut Spudich (2 August 2018). "Two become one: T-Mobile and UPC make the ultimate promise for Austria's digital future". T-Mobile Austria.
- ^ "T-Mobile gets tele.ring". TeleGeography. 11 August 2005.
- ^ "Liberty Global to sell UPC Austria to T-Mobile". TeleGeography. 22 December 2017.
- ^ "EC greenlights T-Mobile acquisition of UPC Austria". Telecompaper. 10 July 2018.