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America Movil says may seek pact with OIAG over Telekom Austria

25
Feb
2014

Mexicos telecom giant America Movil on Monday said it could start formal discussions about forming a shareholders syndicate with Austrian state holding company OIAG over Telekom Austria. America Movil, controlled by billionaire Carlos Slim, said it has had discussions with different stakeholders of Telekom Austria, including OIAG, but added there is no current agreement in whichever form with OIAG about Telekom Austria. America Movil, which holds a 27 percent stake in Telekom Austria, also said it was unclear whether discussions, which are at an early stage, would result in a syndicate agreement.

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