Telekom snaps up eTel

21 Dec 2006

Telekom Austria has paid EUR90 million to acquire pan-European ISP eTel, which has operations in Austria, Hungary, the Czech Republic, Slovakia and Poland. Telekom Austria’s CEO Rudolf Fischer commented: ‘This step provides us with a basis to build our presence in Central-Eastern Europe and is complementary to our position in the Austrian broadband market and the market for small and medium enterprises.’

Austria, A1 Telekom Austria Group