Swisscom interested in Telekom if the price is right

31 Jul 2003

Swisscom CEO Jens Adler has confirmed that the telco is interested in acquiring a major stake in Austria’s former state-owned monopoly Telekom Austria, according to local media reports. Alder was quoted as saying that negotiations are still at an early stage, having stalled over the EUR13 per share asking price, which he claims is EUR2 too high.