Telekom Austria CEO says sees little room for asset purchases
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)
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