Telekom Austria AG (WBAG:TKA) agreed to acquire the Alcatel-Lucent telephony business of NTT Limited on December 1, 2020. The deal is subject to the approval of authorities and the deal is expected to close in April 2021. Alexander Rakosi, Mario Maier, Dieter Zandler, Raško Radovanovic, Anja Tasic, Jens Winter, Marie-Christine Lidl of CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH acted as legal advisor to Telekom Austria AG.