Magenta Telekom

Magenta Telekom (T-Mobile Austria until 6 May 2019[2]) is the second largest mobile and fixed company in Austria. It is owned by Deutsche Telekom. In 2022 it had 5.2 million customers.[3] Its CEO is Rodrigo Diehl since October, 1st 2022.[4]

Magenta Telekom
TypeSubsidiary
IndustryTelecommunications
Founded1977 (1977) (as Telekabel Wien)
1996 (1996) (as max.mobil)
2002 (2002) (as T-Mobile Austria)
Headquarters,
Area served
Austria
Key people
Rodrigo Diehl (CEO)
ProductsMobile telephony
Wireless broadband
Internet
CATV
Revenue€1,39 million (2022)[1]
Number of employees
2200 (2023)[1]
ParentDeutsche Telekom
Websitewww.magenta.at

History

T-Mobile Austria headquarters in Landstraße, Vienna (July 2005)

The company was founded as max.mobil in 1996 by the Ö-Call consortium. In 2000, the company was bought by Deutsche Telekom. In 2002, max.mobil was renamed to T-Mobile Austria. In 2019, there was a merger of the companies UPC Austria and T-Mobile Austria, resulting in Magenta Telekom.[5]

tele.ring acquisition

In 2005, T-Mobile Austria acquired mobile provider tele.ring from its parent company Western Wireless Corporation for 1.3 billion euros, and transformed it into its own lower-cost flanker brand.[6] The tele.ring branding was discontinued on 23 March 2020.[7]

UPC Austria acquisition

In December 2017, T-Mobile Austria announced it would acquire cable provider UPC Austria (originally founded in 1977 as Telekabel Wien) from its parent company Liberty Global for 1.9 billion euros.[8] The acquisition was approved by the European Commission on 10 July 2018.[9]

The company announced plans to retire the "T-Mobile" and "UPC" brands in 2019, merging the companies under a single "T" brand. The new brand name was announced on the evening of 6 May 2019.[2]

References

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