Telekom Austria Group Informs on the Partial Deregulation of the Austrian Wholesale Fixed Net Broadband Market
Vienna, July 11, 2008: Telekom Austria Group (VSE: TKA, OTC US: TKAGY) informs that the Austrian regulatory authority has published its decision on a partial deregulation of the Aus-trian market for wholesale broadband access.
Under the decision announced Telekom Austria’s Fixed Net business is partly released from the strong regulation in certain geographic regions where efficient competition with at least two other main competitors exists. This applies mainly to major urban areas which cover about 45 % of the population in Austria. In those areas Telekom Austria fixed net division will – after a transition period of 6 months - no longer be obliged e.g. to non-discrimination, to publish a standard offer, or to retail-minus price-control. In the remaining rural areas the regulatory regime remains widely unchanged.
"This decision of the Austrian regulatory authority enables us to offer tailor-made products for our customers", said Rudolf Fischer, Chief Executive Officer of Telekom Austria Fixed Net.
Contact:
Peter E. Zydek
Head of Investor Relations
Tel.: +43 (0) 590591-19000
E-mail: peter.zydek@telekom.at
