Orange Austria
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| Orange Austria | |
| Company type | Private company |
| Industry | Telecommunications |
| Founded | 26 October 1998 (as ONE) |
| Defunct | 19 August 2013 |
| Fate | Merged into 3 |
| Successor | 3 |
| Headquarters | , |
Key people | Jan Trionow (CEO) |
| Parent | CK Hutchison |
Orange Austria was an Austrian mobile network operator. It started its business on 26 October 1998 as owner of the third GSM license of the country, and the first provider operating in the GSM 1800 band. Since 2004, Orange (previously known as ONE) successfully applied for a UMTS-License and offers since 2005 also UMTS Services. ONE's logo was a blue circle. It was rebranded as Orange on 22 September 2008.[1]
With 1.9 million customers (including approximately 180,000 Tele2mobil customers) it is Austria's third largest provider with a market share of 20%. Orange cooperates with UPC Telekabel (a Liberty Global company) for landline and ISP offers.
On 3 February 2012, Hutchison Whampoa announced that it would buy all of Orange Austria for US$1.7 billion.[2] The deal closed on 3 January 2013.[3] The combined business created a mobile carrier with 2.8 million customers and more than 20% market share in Austria. The Orange brand continued to operate in Austria until August 19, 2013, when its operations were merged into 3.[4]
Ownership
[edit]Orange Austria was formerly owned by:
- France Télécom: 35%
- Mid Europa Partners: 65%[5]
On 3 February 2012, Hutchison 3G Austria acquired 100% of Orange Austria from Mid Europa and France Télécom for US$1.7 billion.[6] JPMorgan Chase advised Hutchison on the deal, while Morgan Stanley advised France Télécom and Mid Europa Partners.[7]
Other Austrian mobile providers
[edit]- A1 / BoB
- 3
- Magenta Telekom / Telering
References
[edit]- ^ "Orange.com". Archived from the original on 2012-04-06. Retrieved 2010-03-04.
- ^ Hutchison Whampoa to Buy Orange Austria for $1.7 Billion NY Times FEBRUARY 3, 2012
- ^ "Hutchison Whampoa closes acquisition of Orange Austria". Reuters. 2013-01-03. Retrieved 2013-08-08.
- ^ Stepanek, Martin. "Orange ist Geschichte: 3 streicht Gratis-Roaming". Kurier. Retrieved 19 August 2013.
- ^ Press releases – Mid Europa Partners Archived 2008-06-18 at the Wayback Machine, mideuropa.com
- ^ Li Ka-Shing’s Hutchison Whampoa Buys Orange Austria In $1.7 Billion Deal Bloomberg by Mark Lee and Cornelius Rahn, February 3, 2012
- ^ Hutchison Whampoa to Buy Orange Austria for $1.7 Billion WSJ February 3, 2012
External links
[edit]- (in German) Yesss Website, yesss.at
- (in German) Eety Website, eety.at