[Reuters] Hutchison closes deal to become No. 3 in Austria

Posted by: UGN Security

[Reuters] Hutchison closes deal to become No. 3 in Austria - 01/03/13 10:46 AM

VIENNA (Reuters) - Consolidation of Austria's cut-throat telecoms market moved ahead on Thursday when Hutchison Whampoa Ltd completed its 1.3-billion-euro ($1.7 billion) takeover of Orange Austria, making it the country's third-biggest mobile operator.