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General

Altice to present offer for PT Portugal 'very soon'

Friday 31 October 2014 | 14:05 CET | News
Altice will present a bid for PT Portugal "very soon", the president of the French group, Dexter Goei, told Diario Economico in an interview. He said that the company's still looking at the numbers, but the acquisition could be worth 15-20 percent of the total turnover of the group. Goei stressed that Altice's investment in PT Portugal will be long term and will increase investment in key areas, where currently the company is not investing due to lack of financial capacity, such as the fibre-optic network and the Covilha data centre. This will position PT Portugal better to compete with Nos,

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Categories: General
Companies: Altice Europe / NOS / Portugal Telecom / PT
Countries: Portugal
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