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Slim reported to be eyeing stake in Telekom Austria

Monday, May 21, 2012

Mexican billionaire Carlos Slim is eyeing a stake in Telekom Austria and is believed to have held initial talks with its two biggest investor groups, Austrian magazine Format reported.

It said Slim had been in touch with Ronny Pecik – who with partner Naguib Sawiris has built a 20 percent stake in Telekom Austria – and Austrian state holding company OeIAG, Telekom Austria's biggest shareholder with a 28.4 percent stake.

An América Móvil spokeswoman in Mexico City declined to comment on the report.

Source: Reuters