Telekom Austria AG

EANS-Adhoc: Hannes Ametsreiter resigns as CEO of Telekom Austria Group (Ad-hoc)

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Vienna, 15 June 2015: Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY)
announces that Hannes Ametsreiter has asked the Supervisory Board of Telekom
Austria AG for a mutually agreed premature termination of his contract. Today
the Supervisory Board and Hannes Ametsreiter have agreed that he will resign as
Chief Executive Officer of Telekom Austria AG as well as Chief Executive Officer
of A1 Telekom Austria AG per 31 July 2015.

Wolfgang Ruttenstorfer, Chairman of the Supervisory Board of Telekom Austria
Group, comments: "On behalf of the Supervisory Board I would like to express our
thanks to Hannes Ametsreiter for running the business through quite challenging
times, also in the transition phase of Telekom Austria Group becoming an
affiliate of América Movíl. His work is also well recognized internationally and
the strong market position, which Telekom Austria Group has gained under his
guidance, deserves appreciation. The Supervisory Board will discuss the
succession during its next meeting. Personally I wish Hannes Ametsreiter all the
best for his private and professional future."

"It is a great honor that I have been allowed to contribute to shaping two
incredibly exciting decades of telecommunications in Austria and CEE. After so
many years a farewell is of course hard, but the Telekom Austria Group today is
in great shape as a leading convergent communications provider, has great
perspectives for growth and two strong core shareholders", adds Hannes

Dr. Hannes Ametsreiter joined the mobile business of Telekom Austria AG 19 years
ago and in the following years held many management positions within the Group.
Since April 2009 he is Chief Executive Officer of Telekom Austria Group und
therefore is the longest serving CEO of the company since its initial public
offering. Under his management the two separated businesses for fixed and mobile
in Austria have been merged to form A1 Telekom Austria, the first integrated
fully convergent communications provider. This successful convergence strategy
has been deployed throughout the markets Telekom Austria Group is active in -
today six out of eight markets are convergent.

For further information please see the following link:

Disclaimer for forward-looking statements: 
This document contains forward-looking statements. These forward-looking
statements are usually accompanied by words such as "believe", "intend",
"anticipate", "plan", "expect" and similar expressions. Actual events may differ
materially from those anticipated in these forward-looking statements as a
result of a number of factors. Forward-looking statements involve inherent risks
and uncertainties. A number of important factors could cause actual results or
outcomes to differ materially from those expressed in any forward-looking
statement. Neither Telekom Austria Group nor any other person accepts any
liability for any such forward-looking statements. Telekom Austria Group will
not update these forward-looking statements, whether due to changed factual
circumstances, changes in assumptions or expectations. This report does not
constitute a recommendation or invitation to purchase or sell securities of
Telekom Austria Group.

Further inquiry note:
Matthias Stieber
Director Investor Relations
Tel.: +43 (0) 50 664 39126

end of announcement                               euro adhoc 

issuer:      Telekom Austria AG
             Lassallestrasse 9
             A-1020 Wien
sector:      Telecommunications
ISIN:        AT0000720008
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

Original-Content von: Telekom Austria AG, übermittelt durch news aktuell

Weitere Meldungen: Telekom Austria AG

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