• croatiantimes.com
• romaniantimes.at
• salzburgtimes.at
• viennatimes.at
• austrianindependent.com

Today

• Vienna - Johnny\'s Pub Quiz
• Vienna - Unknown Underground
• Vienna - Cats
• Vienna - Andy Warhol
• Vienna - Laser Tag

© BMLV

29. 07. 10. - 14:00

• more Business news
• RSS Feed Business

29. 07. 10. - 14:00

TA joins WAC as job cull fears linger on

Telekom Austria Group (TA) has joined an internationally-operating union of telecommunication service providers.

Technology media report today (Thurs) that the Austrian market leader has become a member of the Wholesale Applications Community (WAC), with TA chief Hannes Ametsreiter named board member of the body.

WAC aims to be an international interface between creators of IT applications and customers around the world.

Meanwhile, TA has dismissed reports that a firm-internal group has been set up to debate a takeover offer by Russian powerhouse Mobile TeleSystems (MTS).

Rumour has it that owner ÖIAG, Austria’s state-holding agency, considered privatising TA to save costs after the company suffered dramatic losses due to a decline in demand for landline phone connections.

Labour union officials however fear TA was about to lay off dozens of landline experts in a reaction to dampened interest in this service.

TA has around 16,000 employees and more than 21 million customers in Austria and eight other Central and Eastern European (CEE) countries. Its turnover decreased by 5.9 per cent to 1.126 billion Euros in the first three months of this year compared to the same time span in 2009.

Austrian Times

Related articles: EU

1. Austrian economy recovers, says OECD

   » Business 2012-05-23

   The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD).

2. AUA rules out Whitsun travel chaos

   » Business 2012-05-23

   The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

3. Weak start for RWR Card

   » Business 2012-05-23

   People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has admitted difficulties in introducing the Red White Red Card (RWR Card, Rot-Weiß-Rot Card).

more related articles tagged "EU"

Related articles: crisis

1. Austrian economy recovers, says OECD

   » Business 2012-05-23

   The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD).

2. AUA rules out Whitsun travel chaos

   » Business 2012-05-23

   The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

3. Pröll outpaces friends and foes in capability check

   » General News 2012-05-23

   Austria’s longest-serving governor has been identified as the most capable one in the opinion of citizens.

more related articles tagged "crisis"

Related articles: business boom

1. Austrian economy recovers, says OECD

   » Business 2012-05-23

   The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD).

2. Economy evades recession

   » Business 2012-05-17

   The Austrian economy keeps recovering, according to the Institute for Economic Research (WIFO).

3. Post AG turnover up by six per cent

   » Business 2012-05-17

   Austrian postal services company Post AG has managed to increase its turnover and earnings.

more related articles tagged "business boom"

Related articles: Austria & America

1. Brodbeck criticises credit rating 'hysteria'

   » Business 2012-05-01

   A German economist has warned from "dangerous monopoly circumstances" in the global rating business.

2. S&P concerned about banks' stability in serious crisis

   » Business 2012-04-20

   Standard & Poor's (S&P) analyst Alois Strasser has warned that a crisis worse than the most recent one could “totally demolish” Austrian finance institutes’ capital.

3. Fitch approves Austria's financial trustworthiness

   » Business 2012-04-18

   One of the world’s leading credit rating agencies has confirmed the Austrian AAA.

more related articles tagged "Austria & America"

AUA rules out Whitsun travel chaos
The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

Weak start for RWR Card
People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has admitted difficulties in introducing the Red White Red Card (RWR Card, Rot-Weiß-Rot Card).

Pröll outpaces friends and foes in capability check
Austria’s longest-serving governor has been identified as the most capable one in the opinion of citizens.

Foul-mouthed MPs might face fines
Fritz Neugebauer has started another attempt to introduce a system of fees for abusive parliament delegates (MPs).

Car sharers should get cheap U-Bahn tickets say greens
People who support the environment by signing up for car sharing initiatives to cut down inner city congestion should get subsidised public transport.

Film festivals in Vienna
There are two film festivals back to back in Vienna this May and June. The "Let's CEE Film Festival" shows films from Central and Eastern Europe, while the "Vienna Independent Shorts" focuses on short films.

Salzburg builds new prison
Salzburg is to get a new prison.

Postwoman killed by express train
An 32-year-old postwoman was killed instantly when she apparently failed to see a stop sign on a train track - and was hit by a 120 kph express train at the Grimmenstein sortage depot in the Lower Austrian region of Neunkirchen.

Dirty water caused by excrement
Health experts are struggling to find the source of excrement that has contaminated water supplies at the town of Köstendorf in Salzburg province.

Man Utd chase Austrian ace
Manchester United have signalised interest in David Alaba.

Jobs in Austria