& cplSiteName &

Telekom Austria Acquires Macedonian Cable Operator

Light Reading
News Wire Feed
Light Reading
6/24/2014
50%
50%

VIENNA -- Telekom Austria Group has today announced its acquisition of 100 % of blizoo Macedonia, one of the largest cable operators in the Republic of Macedonia, offering TV services, broadband and fixed voice. The acquisition is a welcome addition to Telekom Austria Group and represents a significant step in fulfilling the Group´s convergence strategy. The transaction is subject to merger control clearance. The acquisition will enable Vip operator and blizoo to offer bundled fixed and mobile services in Macedonia and complements the Group's existing convergent footprint in Austria, Bulgaria and Croatia.

"The takeover of blizoo Macedonia allows us to offer the full scale of communications services in the fourth country within our group and is a step forward in the execution of our successful convergence strategy ", says Hannes Ametsreiter, CEO of Telekom Austria Group and A1.

blizoo Macedonia currently has 63,000 subscribers, of which 47,000 are broadband subscribers. In 2013 revenues amounted to approximately EUR 10 million. Telekom Austria Group will finance the transaction via existing cash flow. It has been agreed not to disclose the purchase price.

Telekom Austria Group

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Flash Poll
Upcoming Live Events
November 30, 2017, The Westin Times Square
March 20-22, 2018, Denver Marriott Tech Center
May 14-17, 2018, Austin Convention Center
All Upcoming Live Events
Infographics
SmartNICs aren't just about achieving scale. They also have a major impact in reducing CAPEX and OPEX requirements.
Hot Topics
Nokia Bell Labs & Verizon Stretch Fixed 5G to the Home
Dan Jones, Mobile Editor, 11/13/2017
Juniper's New Contrail VP Hails From Google
Craig Matsumoto, Editor-in-Chief, Light Reading, 11/15/2017
Eurobites: Telefónica Reckons Plastic Is Fantastic for FTTH
Paul Rainford, Assistant Editor, Europe, 11/15/2017
Animals with Phones
Why Cats Don't Run Tech Support Click Here
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

Like Us on Facebook
Twitter Feed
Partner Perspectives - content from our sponsors
The Mobile Broadband Road Ahead
By Kevin Taylor, for Huawei
All Partner Perspectives