With an acquisition budget of $1 billion, Telekom Austria could reshape the eastern European broadband market, the company CEO reportedly told media this week.
During a press conference in Vienna, CEO Alejandro Plater said Telekom Austria wanted to enter new markets in the area. The service provider also is considering strengthening its existing footprint in regions such as Belarus, Croatia and Macedonia, Reuters reported.
"If you don't expand you will not be relevant," Plater said, according to Reuters.
The news is of particular interest since Telekom Austria is owned, in large part, by América Móvil, which focuses on Latin America. Telekom Austria Group serves nearly 21 million mobile subscribers and more than 6 million fixed-line customers in Austria, Bulgaria, Croatia, Belarus, Macedonia, Serbia and Slovenia, wrote Iain Morris in sister site Light Reading.
The Austrian service provider reported revenue of €4.4 billion ($5.4 billion) in 2017, up 3% on sales in 2016, and made nearly €1.4 billion ($1.7 billion) in earnings (before interest, tax, depreciation and amortization), an increase of 2% over the prior 12-month period.
With such apparent financial strength, Telekom Austria appears poised to invest in sometimes capital-hungry solutions such as fiber (FTTx) for under- or unserved regions, as well as the expansion of Gfast technologies for urban areas with many multi-dwelling units. Pouring these foundations would then enable the operator to advance further into services such as smart city, smart home and enterprise offerings.
Through a partnership with Additiv, the service provider delivers an OTT-like cloud-based offering that allows financial institutions to gain digital transformation without ripping and replacing mainframe legacy systems.
County Broadband, 10-year-old former WISP that focused on fixed wireless, now concentrates solely on gigabit fiber, courtesy of a £46 million infusion from Aviva Investors – and the financial firm's desire to find a long-term investment vehicle to fund clients' pensions.
On July 12, the FCC said it will discuss one-touch make-ready at its August general meeting. That same day, Clearfield announced general availability of a common fiber distribution panel designed for use in every fiber deployment.
We will explore several fiber network environments, common vulnerabilities, and the business impact of failures. Fiber networks are typically a combination of owned and leased fiber. Learn how to reduce MTTR by up to 60% when an event occurs and how to detect degradation before it generates a service impact. Fiber monitoring of leased fiber helps ensure that the responsible party is dispatched for repair and SLAs can be managed. We will discuss both in service and out of service monitoring. Learn about the opportunities to improve business results in the following environments:
Hyperscale datacenters- the business need for near 100% uptime
5G small cell combined with leased fiber - ensuring the SLA for leased fiber
Long haul and Metro dark and lit fiber monitoring - reducing MTTR and preventing damage
FTTX construction and service activation in the access or MSO network - accelerating time to revenue
In this insightful Light Reading radio show, Kurt Raaflaub, Head of Strategic Solutions Marketing, will outline the key service provider challenges, deployment considerations, next-gen Gigabit technologies, and service models to win market share in the rapidly growing MDU market.