11-02-2015 12:03 via uk.news.yahoo.com

Telekom Austria says has room for acquisitions

Telekom Austria has room for acquisitions in a three-digit million euro range, Chief Executive Hannes Ametsreiter said on Wednesday, adding there was no specific project in the pipeline. The company is a unit of Carlos Slim's America Movil. Mexican billionaire Slim has said he wants to use it as a base for further expansion into central and eastern Europe, where Telekom Austria already has operations in six countries including Bulgaria and Croatia. Asked whether Telekom Austria was currentl
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