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Eurobites: Portugal Telecom Shareholders Approve Oi Deal

2015-01-24 03:36:21| Telecom - Topix.net

Also in today's EMEA regional roundup: Orange nurtures startups; Austrian spectrum row; will anyone download the bride-valuation app? Shareholders in Portugal Telecom SGPS SA have approved the $8.4 billion sale of Brazilian operator Oi's Portuguese assets to French group Altice, reports Bloomberg. It is thought the sale could pave the way for greater consolidation in the Brazilian market.

Tags: deal portugal telecom approve

Category:Telecommunications

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