Telekom Austria traded at 10.00 this Friday May 15th, decreasing 0.16 or 1.57 percent since the previous trading session. Looking back, over the last four weeks, Telekom Austria lost 5.60 percent. Over the last 12 months, its price fell by 0.20 percent. Looking ahead, we forecast Telekom Austria to be priced at 9.60 by the end of this quarter and at 8.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
Telekom Austria AG is a telecommunications provider. The Company and its subsidiaries are engaged as full service telecommunications providers of long distance, local and wireless services, and corporate data communications services, as well as Internet services and television broadcasting. It also supplies telephones and technical equipment for telephone communications. The Company operates through seven geographical segments: Austria, Bulgaria, Croatia, Belarus, Slovenia, Republic of Macedonia, all of which provide convergent telecommunication products for voice telephony (mobile and fixed-line telephone service), Internet access, Internet Protocol television (IPTV) services, and data and information technology (IT) solutions, and Republic of Serbia, which offers mobile communication and Internet services.