Brazil’s Oi plans further disposals to chip away at debt

Even after closing the sale of PT Portugal, the CEO of Brazilian operator Oi is still looking for more ways to pay down debt, according to a Financial Times report. Selling part of the operator’s real-estate portfolio or doing the same …

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Altice closes €5.8B PT Portugal deal

Altice, the ambitious European cable and mobile operator, completed the acquisition of the domestic assets of Portugal Telecom, known as PT Portugal. Completing the sale is a further step in Altice’s ambitions which has seen it become a significant force in …

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Brazil’s Oi reflects on “necessary” move to 4G

LIVE FROM MOBILE 360 LATIN AMERICA: Roberto Guenzburger, director for mobile product at number four Brazilian operator Oi, said the company had “no alternative” but to move to 4G, but that it now faces challenges in driving uptake of the technology. “There …

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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 SGPS shareholders postpone vote on €7.4B Altice deal

Shareholders in Portugal Telecom SGPS delayed a vote on Altice’s bid for Portuguese telecoms assets owned by Oi, in which PT SGPS is the largest shareholder, following a request by the market regulator for shareholders to be provided with more …

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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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Telecom Italia favours all-stock bid for Oi — report

Telecom Italia (TI) is reportedly favouring an all-stock bid through its Brazilian business to acquire integrated operator Oi — an approach that would enable it to invest in its network in the South American market. According to Bloomberg sources, TI …

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Oi paves way for Brazilian consolidation

Brazil’s Oi said it is taking actions to ensure it is able to “participate in the industry consolidation process in Brazil”, and that it is “carefully assessing all the available alternatives in order to identify the most efficient structure in …

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