TKK approves of Carlos Slim shareholdings in A1 Telekom Austria AG

Press release dated 31 July 2012

In its meeting on 30 July 2012, the Austrian Telekom-Control Commission (TKK) approved of the shareholdings of the Carlos Slim Group in A1 Telekom Austria AG. According to the Austrian Telecommunications Act 2003 (TKG), changes in the ownership structure of companies that were awarded mobile communications frequencies require the approval of the TKK.

In connection with the application submitted by A1 Telekom Austria AG, the regulatory authority had to review whether the acquisition of the stake entails any modification to frequency usage rights and/or causes any technological changes or competition restrictions. As this is not the case, the TKK gave its consent.

The decisions of the TKK can be found at:

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