Release of 21.02.2023

A1 welcomes decision to establish radio tower company

A1 Group

v.l.n.r. Alejandro Plater/COO A1 Group, Carlos Moreno/Stv. AR Vorsitzender und CFO América Móvil, Edith Hlawati/AR Vorsitzende und Vorständin ÖBAG, Thomas Arnoldner/CEO A1 Group, Siegfried Mayrhofer/CFO A1 Group

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At the Supervisory Board meeting of A1 Telekom Austria Group on February 20, 2023, it was decided to spin off the radio masts into a separate company while maintaining the ownership structure.
The subject of the transaction is around 12,900 cell towers in Austria, Bulgaria, Croatia, Serbia, Slovenia and Northern Macedonia. In the course of the spin-off, the shareholders of Telekom Austria AG are to receive shares in the new tower company in proportion to their existing shareholdings, which is to be listed on the Vienna Stock Exchange in the same way as Telekom Austria.

Thomas Arnoldner, CEO of A1 Group: "We welcome this decision to spin off the passive infrastructure into a separate company. It offers strategically important perspectives and a long-term stable ownership structure. It will make our network rollout faster and more efficient, which will benefit our customers and the business location."

Alejandro Plater, COO of A1 Group: "With this important step for the future, we are creating more transparency and generating better use of existing assets. At many large national and international telecommunications providers in Europe and also in Austria, this is already lived practice or has been started. We are now also following this example."

About A1 Telekom Austria Group
A1 Telekom Austria Group, listed on the Vienna Stock Exchange, is a leading provider of digital services and communications solutions in Central and Eastern Europe with around 26 million customers, currently operating in seven countries under the brand A1: Austria, Bulgaria, Croatia, Belarus, Slovenia, the Republic of North Macedonia and the Republic of Serbia.

Offering communications, payment and entertainment services as well as integrated business solutions, A1 Telekom Austria Group achieved revenues of 4.75 billion Euros by year end 2021. Around 18,000 employees and state of the art broadband infrastructure make digital business and lifestyle possible and enable people, companies and things to connect everywhere anytime. As European unit of América Móvil, one of the largest wireless services provider in the world, A1 Telekom Austria Group is headquartered in Vienna and gives access to global solutions.
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(1)Michael Höfler (en)
Dr. Michael Höfler
A1 Group Spokesperson
+43 664 66 30362