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Altice eyes Portugal Telecom - report

Sunday 5 October 2014 | 19:23 CET | News
French group Altice, controlled by French billionaire Patrick Drahi, may buy Portugal Telecom as a strategy for a merger of Oi with TIM Brasil, according to US news agency Redd, according to the website of Portuguese newspaper Abola. Apparently, negotiations have been going on between PT and the Altice Group, with parties waiting for the Brazilian presidential elections to publish the official announcement. Altice already owns Cabovisao and Oni in Portugal.

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Categories: General
Companies: Altice Europe / Cabovisao / Oi / Oni / Portugal Telecom / PT / TIM Brasil
Countries: Portugal
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