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🇦🇹 Austria /Technology

Hot-Chef Krammer on departure: "Mobile communications is not a one-night stand"

From Der Standard · () German

Translated from German, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Outcome reported
  • Michael Krammer, a significant figure in Austria's telecommunications sector for three decades, is stepping down as CEO of Hot.
  • He is handing over leadership to his son, Claus Krammer, who plans to focus heavily on artificial intelligence.
  • Michael Krammer has had a notable career, including leading Telering, Orange, and founding the virtual network operator Ventocom, known for the Hot brand.

Michael Krammer, a prominent figure who has shaped Austria's telecommunications industry for thirty years, is concluding his tenure as the head of Hot. He is passing the leadership baton to his son, Claus Krammer, who intends to prioritize artificial intelligence in the company's future strategy.

Krammer's career in Austrian telecommunications is extensive. Around the turn of the millennium, he was instrumental in transforming the mobile provider Telering into a successful network operator, serving as its marketing chief and later as CEO. Following a stint with Germany's E-Plus, he returned to Austria to lead Orange from 2007 to 2012.

In 2013, Michael Krammer founded Ventocom, a virtual network operator (MVNO) best known for its brand Hot. His professional achievements are complemented by his involvement in sports leadership; he also served as President of SK Rapid Wien from 2013 to 2019.

As Michael Krammer departs, he leaves behind a legacy in a dynamic industry. His son, Claus, is set to steer the company forward, with a clear vision to leverage AI, signaling a new direction for Hot in the evolving telecommunications landscape. Krammer's departure marks the end of an era for a leader who has significantly influenced the sector.

Mobile communications is not a one-night stand.

— Michael KrammerA parting statement reflecting on the long-term nature and commitment required in the mobile communications industry.
DistantNews Editorial

Originally published by Der Standard in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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