Telekom Austria explains why it is de-listing from the NYSE

Comments (0) | 1 Oct 2007 | Rating | Print by Fay Sanders

The only company in Austria to boast a full US listing has converted to a level one American depositary receipt (ADR) listing

When Telekom Austria IPO-ed simultaneously on the Vienna Stock Exchange and the NYSE in 2000, it was commonplace for European telecom firms to have dual listings. Now the only company in Austria to boast a full US listing has converted to a level one American depositary receipt (ADR) listing.

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