Telekom Austria saw modest growth in its pay-TV businesses in Bulgaria and Croatia in 2016.
The Croatian Competition Authority (CCA) has approved Telekom Austria’s acquisition of a controlling stake in the Croatian alternative fixed-line telco Metronet Telekomunikacije.
Telekom Austria has agreed to buy 100% of the shares in the Belarusian operators Atlant Telecom and its subsidiary TeleSet.
Telekom Austria’s TV business continued to perform well in the third quarter, with the group as a whole maintaining its growth path.
Telekom Austria has entered into a partnership with travelxp HD that will allow the channel to be distributed in Central and Eastern Europe.
The Indian travel channel travelxp HD is set to make its debut in Central and Eastern Europe by August 15.
América Móvil has reduced its overall shareholding in Telekom Austria from 59.70% to 51.89%.
Telekom Austria enjoyed modest subscriber growth in all but one of the CEE TV markets it is present in in the second quarter.
Telekom Austria Group’s head of communications Ingrid Spörk is to leave the company.
Netflix is not relevant for the CEE region because of the disappointing content it delivers, according to Stanislav Georgiev, head of broadcasting at Telekom Austria.