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Telekom Austria Affair

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13-432: The Telekom Austria Affair (german: Telekom-Affäre) surfaced in 2011 and is one of the major corruption complexes in recent Austrian history. The affair has been the subject of numerous investigative and judicial proceedings. It consists of different, partially unrelated subareas and is based on management misconduct by executives of partially state-owned Telekom Austria as well as some business partners and politicians of

26-511: Is a provider of a range of fixed-line, broadband Internet, multimedia services, data, and IT systems, wholesale as well as mobile payment services. It is a subsidiary of Mexican telecommunications conglomerate América Móvil since 2014, and its headquarters are in Vienna . The company operates subsidiaries in seven European countries: Austria , Belarus , Bulgaria , Croatia , North Macedonia , Serbia , and Slovenia . Its largest subsidiary

39-593: Is considered as one of the biggest corruption cases in Austria’s history and also led to the surfacing of the Tetron Affair . The discovery of the affair led to former Austrian chancellor Wolfgang Schüssel 's resignation from his National Council mandate. The criminal trials led to convictions of politicians, managers and employees involved. Parts of related investigations and trials are still ongoing. A1 Telekom Austria Group A1 Telekom Austria Group

52-553: Is one of the major corruption complexes in recent Austrian history. The affair has been the subject of numerous investigative and judicial proceedings. It consists of different, partially unrelated subareas and is based on management misconduct by executives of partially state-owned Telekom Austria as well as some business partners and politicians of the 2000 – 2007 government coalitions in Austria. Suspicions included share price manipulation, unauthorised election campaign donations to

65-619: Is the Austrian telecommunications provider A1 Telekom Austria . Telekom Austria's earliest predecessor, the state-owned PTT agency k.k Post- und Telegraphenverwaltung  [ de ] , was formed in 1887 when all telephone and mail services in Austria-Hungary were taken over by the state. After World War I , the Austrian portion of the company became simply Post- und Telegraphenverwaltung (PTV, ÖPT). In 1996, with

78-402: The public switched telephone network becoming Telekom Austria FixNet AG, which was later renamed Telekom Austria TA AG. In doing so, Telekom Austria FixNet AG became a sister company of affiliate Mobilkom Austria AG. Both merged in 2010 to form A1 Telekom Austria . Foreign subsidiaries of Mobilkom Austria were transferred to the holding company, so that A1 Telekom Austria would only deal with

91-435: The 2000 – 2007 government coalitions in Austria. Suspicions included share price manipulation, unauthorised election campaign donations to the right-wing parties FPÖ and BZÖ, donations to sub-organisations of four parties, influencing the awarding of contracts, questionable football sponsoring and unclear company takeovers. On the margins, the christian-conservative ÖVP and social democratic SPÖ are also said to be involved. It

104-603: The Austrian market. In 2011, misdemeanours by company directors between 2004 and 2006 became public, erupting into a scandal known as the Telekom Austria Affair . As of the end of 2022, Telekom Austria Group had 17,906 employees and generated about €5 billion in revenues. On 14 November 2017, Telekom Austria Group was rebranded to A1 Telekom Austria Group as part of adopting their one brand strategy. The legal entity Telekom Austria AG still remains. In 2020, all shares of Telecom Liechtenstein (FL1) were sold to

117-503: The Principality. On 23 April 2014 Carlos Slim , owner of America Movil , took control of Telekom Austria by forming a syndicate agreement between ÖIAG and America Movil, spending as much as $ 2 billion to buy out minority shareholders and investing up to 1 billion euros ($ 1.38 billion) into the company. America Movil sees Telekom Austria as a "platform for expansion into Central and Eastern Europe ". Labour representatives boycotted

130-494: The decision on the syndicate agreement at the ÖIAG supervisory board meeting for 12 hours criticising lack of explicit job guarantees. A1 Telekom Austria Group operates the following subsidiaries: A1 Telekom reduced mobile Internet bandwidth in Minsk during 2020 Belarusian protests at the request of Belarusian officials. Telekom Austria Affair The Telekom Austria Affair (german: Telekom-Affäre) surfaced in 2011 and

143-424: The latter in 2007). In June 2000, the company invested about 15 million euros to rebrand itself as Jet2Web . However, Jet2Web failed to succeed in the market, because it was perceived as unreliable. The use of the name was discontinued in 2002, and the company name Telekom Austria was revived as the brand name with a new logo. In June 2006, the company was split into the holding company Telekom Austria Group, with

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156-630: The passage of the Post Restructuring Act, PTV was restructured as a public corporation , Post-und Telekom Austria AG (PTA AG). Only two years later, the telecommunications sector was fully deregulated and PTA was split, with the telecom side becoming Telekom Austria. The company was fully privatised in 2000 and was listed on the Vienna Stock Exchange and the New York Stock Exchange (it delisted from

169-407: The right-wing parties FPÖ and BZÖ, donations to sub-organisations of four parties, influencing the awarding of contracts, questionable football sponsoring and unclear company takeovers. On the margins, the christian-conservative ÖVP and social democratic SPÖ are also said to be involved. It is considered as one of the biggest corruption cases in Austria’s history and also led to the surfacing of

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