Telekom Austria CEO says sees little room for asset purchases

lunes 1 de diciembre de 2014 10:22 GYT

VIENNA Dec 1 (Reuters) - Telekom Austria has little room for buying new assets after it raised 1 billion euros ($1.25 billion) in a rights issue last month which it will use for investment in Austria and reducing debt, Chief Executive Hannes Ametsreiter said.

"I certainly don't see a lot of room to move at the moment," Ametsreiter told Reuters in an interview on Monday when asked about possible asset purchases. (Reporting By Shadia Nasralla; editing by Michael Shields)