Magenta Telekom

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Magenta Telekom GmbH
Gesellschaft mit beschränkter Haftung Edit this on Wikidata
IndustryTelecommunications
PredecessorMax.mobil. Edit this on Wikidata
Founded1996; 23 years ago (1996) (as max.mobil)
2002; 17 years ago (2002) (as T-Mobile Austria)
2019; 0 years ago (2019) (as Magenta Telekom)
Headquarters,
Area served
Austria
Key people
Andreas Bierwirth (CEO)
ProductsMobile telephony
Wireless broadband
Internet
CATV
Revenue€900 million (2017)[1]
€110 million (2017)[1]
Number of employees
1306 FTE (2017)[2]
ParentDeutsche Telekom
Websitewww.magenta.at

Magenta Telekom is the second largest mobile and fixed company in Austria. It is wholly owned by Deutsche Telekom. As of 2017, it has 5.7 million customers.[1] The display name of Magenta Telekom is: Magenta-T- or T-mobile A

The company was branded as T-Mobile Austria until 6 May 2019. [3]

History[edit]

Magenta Telekom headquarters in Vienna

The company was founded as max.mobil in 1996 by the Ö-Call consortium. In 2000, the company was bought by Deutsche Telekom. In 2002, max.mobil was renamed to T-Mobile Austria.

tele.ring acquisition[edit]

In 2005, Magenta Telekom (then known as T-Mobile Austria) acquired mobile provider tele.ring from its parent company Western Wireless Corporation for 1.3 billion euros.[4]

UPC Austria acquisition[edit]

In December 2017, Magenta Telekom (then known as T-Mobile Austria) announced it would acquire cable provider UPC Austria from its parent company Liberty Global for 1.9 billion euros.[5] The acquisition was approved by the European Commission on 10 July 2018.[6]

The company announced plans to retire the "T-Mobile" and "UPC" brands in 2019, merging the companies under a single "T" brand. The new brand name was announced on the evening of 6 May 2019.[3]

References[edit]

  1. ^ a b c Helmut Spudich (February 22, 2018). "Jahrespressekonferenz 2018: T-Mobile Austria schließt 2017 mit solidem Wachstum ab" [Annual Press Conference 2018: T-Mobile Austria closes 2017 with solid growth] (in German). T-Mobile Austria.
  2. ^ "T-MOBILE AUSTRIA NACHHALTIGKEITSBERICHT 2017" [T-MOBILE AUSTRIA SUSTAINABILITY REPORT 2017] (in German). T-Mobile Austria.
  3. ^ a b Helmut Spudich (2 August 2018). "Two become one: T-Mobile and UPC make the ultimate promise for Austria's digital future". T-Mobile Austria.
  4. ^ "T-Mobile gets tele.ring". TeleGeography. 11 August 2005.
  5. ^ "Liberty Global to sell UPC Austria to T-Mobile". TeleGeography. 22 December 2017.
  6. ^ "EC greenlights T-Mobile acquisition of UPC Austria". Telecompaper. 10 July 2018.