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Tag: sale
Oi planning tower, real estate sale to cut net debt - CEO
2015-06-04 09:43:00| Telecompaper Headlines
(Telecompaper) Brazilian operator Oi is planning to divest its mobile tower and real estate portfolio across the country to further cut its debt after closing the sale of Portugal Telecom to French telecom holding company Altice. In an interview with the Financial Times, the company's CEO Bayard Gontijo said Oi would need to take further steps including asset sales to restore its balance sheet even after raising EUR 7.4 billion from the Portugal Telecom sale. He said the group was in talks with the Brazilian government to obtain approval to sell real estate as well as 1,000 mobile towers in the country. "We have to do other things to deal with the leverage and avoid anything drastic," he said, adding that "we are selling our call-centre company. We own 7,000 properties but we are not a real estate company. We are working on getting the approval [to sell]".
Homes for sale 'lowest for years'
2015-06-04 09:21:15| BBC News | Business | UK Edition
The number of properties on the market is at its lowest level for many years, leading to prices rising faster than wages, the Halifax says.
Get Outta Campbell! Southwest Airlines 'Flash Sale' Ends Thursday
2015-06-04 02:11:25| Airlines - Topix.net
One-way flights start as low as $49. But be patient as the booking system seems to be moving slowly ... Heads up, though.
Tags: sale
flash
thursday
ends
Will Southwest's Mega Sale fuel the need for other airlines to follow?
2015-06-04 00:01:26| Airlines - Topix.net
Southwest Airlines already kicked things off by announcing a huge mega sale Tuesday. The company is offering extra low fares for fall travel in a three-day only sale.
Oi closes Portugal Telecom sale
2015-06-03 02:00:00| Total Telecom industry news
Brazilian telco finalises sale of Portuguese assets to French cabelco, again raising questions over its LatAm position.
Tags: sale
portugal
telecom
closes
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