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General

Pharol reduces losses to EUR 5.6 million in 2018

Monday 4 March 2019 | 10:34 CET | News
After losses of EUR 806.5 million in 2017, Portuguese company Pharol (former Portugal Telecom) ended the year 2018 with a loss of EUR 5.6 million, almost entirely due to a 11 percent increase in recurring operating costs, as a result of the judicial recovery of Brazilian operator Oi.

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Categories: General
Companies: Oi / Portugal Telecom
Countries: Portugal
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