SLOVENIA: SI.MOBIL'S GROWTH TARGETS

Article Abstract:

Slovenian Si.mobil, which is controlled by Mobilkom Austria, aims to double the number of mobile phone clients to about 250,000 by the end of 2001. Currently the company holds 16% of the market, while state-owned Mobitel has 84%. Mobilkom forecasts Slovenia's mobile phone penetration rate to rise from 50% to 60% by the end of 2001. In year 2000 Si.mobil generated a turnover of EUR 25.2mn. The company employs 170 staff. Bojan Dremelj, until now managing director of Si.mobil, has been appointed chief technical officer and board chairman of Si.mobil. Mobilkom's head of sales and marketing Wolfgang Krebs has been appointed chief marketing officer, while Klaus Stadlbauer has been appointed chief organisation officer at Si.mobil.

Foreign operations, Executive changes & profiles

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AUSTRIA: LAWSUITS AGAINST MOBILKOM

Article Abstract:

The Austrian mobile phone service provider Mobilkom is being charged in two lawsuits initiated by the consumer organisation VKI. In the first case, Austria's Supreme Court held that the general standard terms and conditions of a company may be challenged in court even if they have been approved by the authorities. The clauses concerned in Mobilkom's contract have been amended in the meantime. However, the ruling may have wider ramifications e.g. for building societies which refer to the approval of their contract terms by the Finance Ministry. In the other lawsuit, VKI is challenging Mobilkom for charging Sch 30 for each payment from those clients who do not consent to direct debit, which is free of charge.

Legal issues & crime, Austria, Government regulation, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Consumer Protection Laws, Consumer protection, Mobilkom Austria AG

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AUSTRIA: MOBILKOM BID FOR SI.MOBIL

Article Abstract:

According to Slovenian media reports, Mobilkom of Austria is bidding Sch 2.7bn to take over the Slovenian mobile phone operator Si.mobil. Mobilkom has set up a subsidiary in Slovenia, as Slovenian law does not allow foreign investors to take over the majority of Si.mobil.

Asset sales & divestitures

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