TA to finalise Velcom takeover

Categories
Business

Telekom Austria (TA) is to fully take over a leading Belarusian mobile communications firm, it has been announced.TA, which has 16,000 employees and more than 21 million customers across Europe, said today (Tues) it finalised the purchase of 100 per cent of Minsk-based Velcom.The Austrian company headed by Hannes Ametsreiter already acquired 70 per cent […]

TA to buy rest of its Belarussian subsidiary

Categories
Business

Telekom Austria (TA) is planning to buy the remaining 30 per cent interest in its Belarussian subsidiary Velcom at the end of 2010, according to today¬ís (Tues) edition of the newspaper WirtschaftsBlatt.According to the paper, the remaining interest might cost as much as 500 million Euros and that TA would buy it from Austrian industrialist […]