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America Movil, OBAG extend contract to control A1, plan tower business spin-off

Published Tuesday 07 Feb 2023 | 10:13 CET
America Movil (AMX) has extended the syndicate agreements for the control of A1 Telekom Austria with Austrian public holding company Osterreichische Beteiligungs (OBAG) for a further ten years, while also agreeing to spin off the Austrian operator's tower business. The partners have also agreed on an investment package for A1 of EUR 1 billion, subject to the approval of the supervisory board for ...

America Movil, OBAG extend contract to control A1, plan tower business spin-off

Published Tuesday 07 Feb 2023 | 10:13 CET America Movil (AMX) has extended the syndicate agreements for the control of A1 Telekom Austria with Austrian public holding company Osterreichische Beteiligungs (OBAG) for a further ten years, while also agreeing to spin off the Austrian operator's tower business. The partners have also agreed on an investment package for A1 of EUR 1 billion, subject to the approval of the supervisory board for ...

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