AUSTRIA: MAX.MOBIL'S PLANS FOR 2000

Article Abstract:

The Austrian company Max.mobil, which was set up as a mobile phone service provider four years ago and is now owned 91% by Deutsche Telekom, expects a turnover of Sch 13.5bn and black figures in year 2000. In 1999 turnover from mobile phone services rose from Sch 4.5bn to Sch 9.2bn and the number of clients from 787,000 to 1.5mn. Max.mobil expects to gain as clients 400,000 of the 1.2mn new mobile phone users in Austria in year 2000. The company aims to increase the share of corporate clients from 20% in 1999. Max.mobil aims to strengthen customer loyalty by offering a comprehensive service of mobile and fixed-line telephony and internet. About 120,000 clients are using Max.mobil's fixed line telephone services. Max.mobil is to make investments of Sch 4.5bn in year 2000, up from Sch 3.7bn in 1999. The company is to expand its existing mobile phone network and the 1,800-MHz one. Coverage is to be improved in the in-house segment and in the Vienna underground. Max.mobil is to launch a General Packet Radio Service (GPRS) service in summer 2000.

Capital expenditures, Max

---

AUSTRIA: CONNECT AUSTRIA TO DOUBLE CUSTOMERS

Article Abstract:

The telecom operator One expects a turnover of Sch 7.1bn in year 2000, up from Sch 2bn in 1999. The number of clients is to be raised to more than 1mn. At the end of 1999 the company had 620,000 mobile phone subscribers and 45,000 fixed-line telephony subscribers, while about 25,000 clients used the internet service i-One. One is to make investments of Sch 3bn and expects to reach black figures in 2001.

Telegraph & other communications, Internet service providers, ONE

---

AUSTRIA: UTA PLANNING TO GO PUBLIC

Article Abstract:

UTA, the Austrian fixed-line telephony and internet access provider controlled by Swisscom, has engaged JP Morgan as a consultant for going public, which will take place between autumn 2000 and spring 2001. UTA chairman Kurt Luscher expects that a minority holding will be launched on the stock exchange. According to Mr Luscher, UTA will participate in the Austrian UMTS auction in November 2000.

Banking Institutions, Depository Credit Intermediation, New orders received, DEPOSITORY INSTITUTIONS, Securities issued, listed, Banks (Finance), Union de Transports Aeriens

Similar abstracts:

• Abstracts: AUSTRIA: NEW PLANES FOR AUSTRIAN AIRLINES. AUSTRIA: AUSTRIAN AIRLINES FIGHTS BACK. Austria: Job losses at Austrian Airlines
• Abstracts: AUSTRIA: ERICSSON'S EXPANSION PLANS. AUSTRIA: NOKIA BETTING ON SERVICE. AUSTRIA: ERICSSON'S PLANS
• Abstracts: AUSTRIA: REORGANISATION AT OPEL. AUSTRIA: OPEL NOT AFFECTED BY PRODUCTION CUTS. AUSTRIA: MAGNA TO EXPAND BUSINESS
• Abstracts: CROATIA: LECLERC'S GOAL IS 10 STORES BY 2006. SPAIN: AUCHAN CONTINUES ITS EXPANSION. SPAIN: REVIEW OF AUCHAN GROUP
• Abstracts: FRANCE: SELF-SERVICE DEPARTMENTS IN MARCH 2001. FRANCE: THREE TYPES OF CHILLED READY MEALS

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