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Oi (OIBR) Stock Up on Prospect of Retaining $460 Million of Portugal Telecom Debt in Altice Deal

2015-01-20 23:03:14| Telecom - Topix.net

The company is still studying plans to transfer obligations to Oi's wholly owned subsidiary Portugal Telecom International Finance BV from PT Portugal, according to a securities filing, Reuters said. About 8.18 million shares changed hands by 3:04 p.m. in New York, compared to the average of 1.62 million shares.

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Category:Telecommunications

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