(BFW) Telekom Austria Capital Increase to Secure Credit Rating: Kemler


Telekom Austria Capital Increase to Secure Credit Rating: Kemler
2014-08-14 09:14:43.452 GMT


By Alexander Weber
Aug. 14 (Bloomberg) -- Planned EU1b capital increase to
secure investment grade credit rating, enable investments, allow
co. to exploit “investment possibilities” in eastern Europe,
Chairman Rudolf Kemler says at shareholder meeting in Vienna.
* NOTE: Telekom Austria shareholders to decide about capital
increase, new supervisory board today
* NOTE yday: Telekom Austria 2Q Ebitda misses Ests., cuts FY
revenue forecast
* NOTE Aug. 11: Telekom Austria upgraded at S&P after America
Movil takeover


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Alexander Weber in Vienna at +43-1-513-2660-13 or
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mvera1@bloomberg.net