Telekom Austria Group Comments on Media Coverage Regarding Yesterday's Supervisory Board Meeting
Vienna, November 12, 2009: The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) comments on the media coverage regarding yesterday’s supervisory board meeting.
In the course of the annual strategy meeting held yesterday, Telekom Austria Group's management board discussed with the supervisory board European industry trends in regard to their potential relevance to the Austrian market. The convergence of the Fixed Net and the Mobile Communication segment as well as the already implemented or initiated organisational and structural mergers in most of the European countries were also subject of the meeting.
The management board was asked by the supervisory board to look into potential strategic options in detail and to evaluate their advantages and disadvantages. The results of this analysis will be discussed by the management and supervisory board in their next meetings. Telekom Austria Group wants to emphasize that the result of this evaluation is open.
Contact:
Peter E. Zydek, MBA
Head of Investor Relations
Telekom Austria Group
Tel.: +43 (0) 590591-19000
E-Mail: peter.zydek@telekom.at
