Austria's OIAG Welcomes America Movil's Telekom Austria Stake
June 15 2012 - 5:31AM
Dow Jones News
Austrian privatization agency OIAG said Friday it welcomes
America Movil SAB's (AMX.MX) acquisition of a 21% stake in Telekom
Austria AG (TKA.VI).
"The investor is well positioned financially and stragically and
has long-term strategic interest especially in central and eastern
Europe," the agency said, which itself holds a 28.42% stake in
Telekom Austria.
OIAG said it had spoken with a number of potential investors
about Telekom Austria, and is convinced America Movil has the
company's best interests in view, including strategy, location and
its listing in Vienna.
-Write to Sarah Sloat at sarah.sloat@dowjones.com
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