How did the wireless industry perform in the first quarter of 2014? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers,...
The chief financial officer of Telekom Austria is to leave the operator at the end of May, in what is seen as a move to open the way for Carlos Slim to select a successor who would be more amenable to his plans.
Austrian state holding company ÖIAG has been given the go ahead to negotiate a shareholder agreement with América Móvil for Telekom Austria in a move that could see the Carlos Slim-owned company gain more influence over the European operator.
Don't expect América Móvil to join Facebook's highly touted Internet.org initiative. Despite Facebook CEO Mark Zuckerberg's pleas for global telecom operators to join the group during his keynote address this week at the Mobile World Congress trade show, it doesn't appear that all operators are ready to jump onboard.
Ongoing reports and speculation that Mexican billionaire Carlos Slim could next target Telekom Austria in his bid to break into Europe, are causing some anxiety among the operator's workforce, which is now calling for clarity over the issue from its major shareholder, state holding company ÖIAG.
KPN signalled a thawing of its relationship with minority shareholder América Móvil, as the Mexican group also indicated it is still interested in the Dutch operator despite lowering its stake this week from 29.8 per cent to 27.1 per cent.
América Móvil's U.S. MVNO, TracFone Wireless, returned to a brisk pace of subscriber growth in the fourth quarter of 2013 after growth stalled in the third quarter. However, the company was unable to meet the subscriber growth it showed in the fourth quarter of 2012.
Carlos Slim's América Móvil has big plans for its stake in Telekom Austria and has not invested in the Austrian operator simply to make a fast buck, the company CEO told an Austrian newspaper.
AT&T may have put its plans to invest in a major European operator on hold for the time being, but another industry heavyweight from across the pond is reportedly stepping up efforts to buy a majority stake in a company that itself has demonstrated an aggressive expansion strategy over the years.
How did the wireless industry perform in the fourth quarter of 2013? Check here throughout the fourth-quarter earnings report season for full earnings reports from the wireless industry's...