Austrians Go for Convergence
After the merger later this year of the two subsidiaries, Telekom Austria and Mobilkom Austria AG & Co. KG , the operator's new name will be A1 Telekom Austria. The operator expects the move to contribute positively to earnings by 2012 and increase cash flow by about €100 million (US$ 135 million) after two to three years. But for the 2010 financial year, a negative cash flow effect of €80 million ($108 million) is expected from the merger.
Check out what Ametsreiter told Light Reading TV at the Mobile World Congress last week about fixed and mobile convergence:
— Michelle Donegan, European Editor, Light Reading Mobile