Telekom Austria is in talks with Western Wireless Corp - 500 Beiträge pro Seite
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Telekom Austria in Talks to Buy Rival Tele.ring, Format Reports
By Gabrielle Monaghan
Vienna, Aug. 16 (Bloomberg) -- Telekom Austria AG, the country`s No. 1 phone company, is in talks with Western Wireless Corp. to buy Tele.ring, Format magazine reported, without citing any sources.
Telekom Austria is considering a purchase of Tele.ring, Austria`s fourth-largest phone company, which formed a venture this week with a local rival to begin operating in Austria`s mobile-phone market, the weekly magazine reported.
Telekom Austria may pay as much as 300 million euros ($294.5 million) for Tele.ring, though the company declined to comment. Western Wireless agreed to buy Tele.ring in May last year, Format said.
More than 80 percent of Austrians use mobile phones. Mobilkom Austria, a unit of Telekom Austria, is the country`s biggest mobile-phone provider.
(Format 8-16 55 or http://www.format.at)
By Gabrielle Monaghan
Vienna, Aug. 16 (Bloomberg) -- Telekom Austria AG, the country`s No. 1 phone company, is in talks with Western Wireless Corp. to buy Tele.ring, Format magazine reported, without citing any sources.
Telekom Austria is considering a purchase of Tele.ring, Austria`s fourth-largest phone company, which formed a venture this week with a local rival to begin operating in Austria`s mobile-phone market, the weekly magazine reported.
Telekom Austria may pay as much as 300 million euros ($294.5 million) for Tele.ring, though the company declined to comment. Western Wireless agreed to buy Tele.ring in May last year, Format said.
More than 80 percent of Austrians use mobile phones. Mobilkom Austria, a unit of Telekom Austria, is the country`s biggest mobile-phone provider.
(Format 8-16 55 or http://www.format.at)
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