Reuters: Technology News: Telekom Austria says does not expect hostile move by Carlos Slim

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Telekom Austria says does not expect hostile move by Carlos Slim Oct 18th 2013, 12:51 Tweet Share this Email Print Reprints A communications tower is pictured at Telekom Austria's technology centre in Vienna August 27, 2013. Credit: Reuters/Heinz-Peter Bader VIENNA | Fri Oct 18, 2013 8:21am EDT VIENNA (Reuters) - Telekom Austria's chief executive Hannes Ametsreiter does not expect key shareholder Carlos Slim's America Movil to make any unfriendly moves towards the Austrian company, he said on Friday. "The Mexicans have shown themselves to be good partners. One thing I think they won't do is to act in a hostile way," he told the Gewinn Messe retail investor fair, adding he did not know if America Movil intended to increase its near 23 percent stake. Speculation about a potential move on Telekom Austria emerged after America Movil dropped its takeover offer earlier this week for Dutch group KPN, the other company Slim had targeted as a bridgehead for expanding into Europe. (Reporting by Angelika Gruber and Michael Shields; Editing by Greg Mahlich) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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