Telekom Austria AG concludes transfer of Libro shares (Ad hoc Release)
Vienna, July 13, 2001: Telekom Austria AG (VSE:TKA; NYSE:TKA) has concluded the transaction of its entire stake in LIBRO AG (25% + 1 share) to Dr Gottwald Kranebitter, who is heading the company’s restructuring process. This transaction completes Telekom Austria’s involvement with LIBRO AG.
With this stake in paybox austria, Mobilkom Austria is investing in the leading European payment method, m-commerce, gaining an important competition advantage. Paybox austria’s method allows payment via mobile telephone for 6.5 million Austrians.It also gives rise to potential synergies in the Southern European area for Mobilkom Austria from the international orientation of the paybox austria’s German parent company paybox.net.
Enquiries:
Telekom Austria AG
Josef Kerekes
Investor Relations
Tel. +43-59059-1-22177
E-Mail: josef.kerekes@telekom.at
