Mexico’s América Móvil has acquired shares corresponding to 5.55% of the voting rights in Telekom Austria Group.
The shareholders of A1 Telekom Austria, América Móvil and ÖBAG, have agreed to support the spin-off of the Austrian telco’s transmission towers.
Thomas Arnoldner will be nominated as the new CEO of A1 Telekom Austria Group by the Austrian telco’s two main shareholders, América Móvil and Österreichische Bundes- und Industriebeteiligungen (ÖBIB).
Mexican billionaire Carlos Slim has increased his shareholding in Austrian telco Telekom Austria Group.
Mexican billionaire Carlos Slim has taken over the majority stake in Austria’s national telco Telekom Austria.
Shazam has secured an investment of $40 million (€31.2 million) from America Movil and the two companies have entered into a strategic business collaboration for the Americas.