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Dos Santos wants key role in Portuguese-speaking telecoms with bid

2014-12-04 14:11:53| Telecom - Topix.net

Angolan investor Isabel dos Santos has launched a takeover bid for holding company Portugal Telecom SGPS in order to become a key shareholder in Brazilian telecom group Oi and reap synergies in the Portuguese-speaking telecoms sector. Dos Santos wants to link Portugal Telecom, Oi and Angolan telecoms firm Unitel if she succeeds in her bid for PT SGPS, which has a stake of around 26 percent in Oi, Mario Silva, a board member of her company Terra Peregrin said on Thursday.

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