AUSTRIA: MOBILKOM EYEING EASTERN MARKETS

Article Abstract:

Austria's biggest mobile phone operator Mobilkom Austria is to raise its stake in the Croatian mobile phone operator VIP-Net by 10% in the next few days from 41.4% at present. The Croatian operator, which expects to reach break-even in 2 years and make profits in 4 years, aims to have 40,000 subscribers by the end of 1999. The company has been granted a loan of EUR 120mn by a group of international banks. Beside applying for the first mobile phone licence in Albania, Mobilkom is also planning an entry onto the Slovak market. The Austrian company might either take a stake in the first mobile phone operator there or apply for a licence for the third network.

Strategy & planning, Austria, Foreign operations, Capital expenditures, Slovakia, Croatia, Mobilkom Austria AG

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Italy: SMS for blind people

Article Abstract:

In cooperation with a blind people's organisation, Italian mobile phone operator TIM is to develop technology with which blind people will be able to communicate by short message service (SMS). A microchip will enable the conversion of the message into an audio one and the other way round. The service will be free of charge.

Italy, Research & development outlays, Radiotelephone communications, Telephone communications, exc. radio, Other Telecommunications, Voice Store & Forward Svcs, Voice mail

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