Dial Telecom to acquire Telekom Austria Czech Republic

4 Dec 2008

Telekom Austria is reportedly selling its Czech subsidiary Telekom Austria Czech Republic (including eTel Slovakia) to Czech internet service provider (ISP) Dial Telecom, Telecompaper reports. The Austrian operator confirmed the sale to Austrian press agency Apa, apparently confirming rumours running in the local press. Telekom Austria’s Czech unit offers fixed telephony and internet services under the banner Volny and reported 135,200 customers at the end of 2007 with revenue of EUR30.6 million (USD44.8 million). No financial details were disclosed.

Czech Republic, A1 Telekom Austria Group, Dial Telecom (incl. Volny), Dial Telecom (Slovakia), eTel Slovensko