0
General

Portuguese govt approves purchase of SIRESP for EUR 7 million

Friday 14 June 2019 | 15:11 CET | News
The Portuguese Government has approved the purchase from Altice and Motorola of SIRESP, which will be fully controlled by the state, reports Jornal de Negocios. The state will pay EUR 7 million, corresponding to 33,500 shares, to take over the private operators' stakes in the national emergency communications system, which should happen on 01 December 2019.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Countries: Portugal
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Altice Portugal to file complaint against SIRESP report

Published 05 Jul 2019 12:57 CET | Portugal
Altice Portugal has announced it will file a complaint to the Public Prosecutor's Office against a report presented last month in ...

Portugal needs to invest up to EUR 25 million to improve emergency network

Published 28 Jun 2019 14:15 CET | Portugal
The Portuguese state will need to invest up to EUR 25 million to make the Emergency Communications System (SIRESP) safer, more ...

Portuguese State to acquire SIRESP

Published 10 Jun 2019 13:21 CET | Portugal
Altice Portugal has told news agency Lusa that an agreement in principle has been reached for the acquisition of shares held by ...