Telekom Austria to spin off fixed network?

15 Jun 2009

According to Reuters, Telekom Austria is considering a proposal to spin off its fixed line network into an independent entity. Under the proposal Telekom would still be able to offer fixed line services via a wholesale agreement with the new entity. The spin-off, proposed by the Austrian government, would further liberalise the fixed line sector, ensuring equal access to the network for all operators. The new network company would take on the bulk of around 9,000 Telekom Austria employees with civil servant status, which would greatly reduce costs for the company.