AUSTRIA: ACQUISITIONS, DIVESTMENT AT YLINE

Article Abstract:

YLine is to withdraw from internet service to private consumers and sell its subsidiary Web Access. Those interested in the internet service provider reportedly include Telekom Austria, T-Online, Telefonica and a Swiss and an Italian company. Web Access has about 44,000 clients and is said to reach black figures in the 4th quarter of 2000. On the other hand, YLine is planning acquisitions in Germany, Switzerland, Scandinavia and the UK.

Asset sales & divestitures, Brief Article

---

AUSTRIA: INTERNET OFFER FROM MCN

Article Abstract:

Austria's Millennium Communication Network (MCN) is to start business as Internet provider, and is hoping to win 100,000 subscribers by the summer of 2000. With the ZeroSurf package, customers can surf on the Internet free of charge for four hours per month until the end of the year. For additional hours, customers pay Sch 0.16 in the freetime and Sch 0.44 during business hours.

---

Austria: YLine files for bankruptcy

Article Abstract:

The Austrian internet software company YLine has filed for bankruptcy. The company's debts amount to EUR 26.3mn, of which IBM accounts for EUR 20.2mn. Assets amount to EUR 30.9mn and consist mainly of holdings in subsidiaries.

Prepackaged software, Organizational history, Internet software

Similar abstracts:

• Abstracts: AUSTRIA: AUA TO INVESTIGATE AERO ENGINES. Austria/Sweden: Saab 105 jets grounded. AUSTRIA: EUROCOPTER WINS OAMTC CONTRACT
• Abstracts: AUSTRIA: EASY SOFTWARE TAKES OVER ARCHIV AUSTRIA. Austria: Firms need highly qualified IT workers. AUSTRIA/ISRAEL: GRAPHICS SOFTWARE MERGER
• Abstracts: AUSTRIA: DEFICITS IN DEFENCE CAPABILITY. AUSTRIA: NEW UNIFORMS FOR THE ARMY. AUSTRIA: DEFENCE SPENDING UP
• Abstracts: AUSTRIA: EFFICIENCY POTENTIAL IN WATER SUPPLY. Switzerland: Lorry drivers criticise Gotthard times. IRAN: AST-HOLZMANN IN WATER SUPPLY PROJECT
• Abstracts: Spain finds global success. Very affordable avionics. Spain lights up

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.