Vodafone in early talks about buying Portugal’s Cabovisao

Vodafone has had exploratory talks to acquire cable operator Cabovisao in Portugal, according to the Financial Times, another European market where it is looking to beef up its quadplay credentials. Cabovisao is owned by French operator Altice, whose €7.4 billion …

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Portugal Telecom SGPS approves Altice deal, signals likely end of Oi merger

The shareholders of Portugal Telecom SGPS have approved the sale of Oi’s Portuguese telecoms assets to Altice in a €7.4 billion deal, which should allow the Brazilian operator to reduce its debts and participate in the current consolidation of its …

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Portugal Telecom SGPS paints negative picture for ‘no’ vote

Portugal Telecom SGPS portrayed an unhappy future if shareholders fail to back the proposed €7.4 billion sale of Portuguese telecoms assets owned by Oi to French firm Altice. Non-approval for the sale of Oi-owned PT Portugal at a meeting scheduled …

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PT AGM chair wants to drop Monday vote — report

The chairman of Portugal Telecom SGPS’ shareholder assembly argued that the Monday (12 January) vote on French firm Altice’s €7.4 billion bid for Portuguese telecoms assets owned by Oi, in which PT SGPS is the largest shareholder, should not take …

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Dos Santos drops Portugal Telecom bid

Terra Peregrin, the firm controlled by Angolan billionaire Isabel dos Santos, has withdrawn its €1.2 billion bid for Portugal Telecom SGPS, the part-owner of Brazilian operator Oi, after the offer was branded as too low last week by CMVM, Portugal’s …

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Portugal Telecom names date for vote on Altice bid

Portugal Telecom SGPS called a shareholder meeting for 12 January to vote on Altice’s €7.4 billion bid for Portuguese telecoms assets owned by Oi, in which PT SGPS is the largest shareholder. A vote was flagged up following the backing …

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Portugal Telecom SGPS board says no to dos Santos bid

Portugal Telecom SGPS, which part owns leading Brazilian operator Oi, said it is undervalued by a €1.2 billion bid from Angolan entrepreneur Isabel dos Santos, according to a statement made by the company’s board. The dos Santos bid for PT …

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Altice’s Portugal Telecom ambition progresses, with Oi’s backing

French firm Altice’s drive to build an integrated cable-mobile footprint in Europe received a boost with the support of Oi’s board for the French company’s €7.4 billion offer for Portugal Telecom. The board of the Brazilian operator has backed the …

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Altice sole runner in €7.4B PT sale

French firm Altice entered 90 days of exclusive negotiations with Brazilian integrated operator Oi, as it seeks to buy the assets of Portugal Telecom. Its bid places an enterprise value on the Portuguese incumbent of €7.4 billion on a cash …

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