Volker Libovsky has joined Austrian telco Magenta Telekom as a new member of the management board.
German telco Deutsche Telekom unites its Austrian subsidiary T-Mobile Austria with its newly acquired cable operator UPC Austria under the new name Magenta Telekom.
[WATCH VIDEO] German telco Deutsche Telekom will give its Austrian subsidiary T-Mobile Austria a new name following the acquisition of UPC Austria.
Liberty Global has completed the sale of its Austria cable subsidiary UPC Austria to T-Mobile Austria for an enterprise value of €1.9 billion.
The European Commission has unconditionally approved the acquisition of cable operator UPC Austria by mobile network operator T-Mobile Austria, a subsidiary of Deutsche Telekom.
The acquisition of Austrian cable operator UPC Austria by T-Mobile Austria, a subsidiary of German telco Deutsche Telekom, seems to have raised regulatory concerns at the European Commission.
The long-expected plan by Vodafone to buy Liberty Global’s cable assets in Germany and parts of Eastern Europe is said to be in the final stages.
The new sports channel MySports Swiss cable operator UPC launched in September 2017 has gained around 45,000 subscribers by the end of 2017.
The long-expected restructuration of Liberty Global’s cable assets in Europe through a deal with Vodafone is now getting into motion.