Telekom Austria increases EBITDA forecast despite EU roamingTelekom Austria Group raises its long-term EBITDA growth prospects for the period 2007 to 2010 and disclosed the expected impact of the recently introduced EU roaming regulation on its 2007 EBITDA. Despite the introduction of regulation for international roaming traffic by the European Commission, the company expects to compensate the effects of regulation through the forecasted increase in roaming usage, better than anticipated performance of its international mobile business and cost savings. Therefore, the Telekom Austria Group expects EBITDA to grow on average by approximately 1.7 to 2.2 percent per annum (CAGR) during the period 2007 to 2010. For the year 2007 the Telekom Austria Group anticipates to partly offset the impact from the roaming regulation through a variety of marketing and cost saving measures. Thus, the impact from roaming regulation on 2007 EBITDA is expected to be reduced to approximately EUR 20 million.
