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Portugal Telecom CEO Granadeiro steps down

2014-08-08 08:46:00| Telecompaper Headlines

(Telecompaper) The CEO and chairman of Portugal Telecom, Henrique Granadeiro, has resigned. The move comes three weeks after the Portuguese operator was forced to reduce its stake in the merger with Brazil's Oi due to a controversial debt position of EUR 900 million in an associated company of one of its major shareholders. Portugal Telecom also said its board of directors and executive committee had never approved any investment in that debt. The company has contracted PWC to audit all investment in the Espirito Santo Group debt made by Portugal Telecom. 

Tags: portugal steps ceo telecom

 

Telecom Italia in talks to snap up Vivendi's GVT: sources

2014-08-08 07:14:23| Telecom - Topix.net

The plan, which could be finalised over the next three weeks, envisages a counter-bid by Telecom Italia for the Brazilian unit, GVT, followed by an equity swap that would allow Vivendi to acquire a stake in Italy's biggest phone operator, said the sources.

Tags: sources italia telecom talks

 
 

Bright Spark - Telecom changes name

2014-08-08 03:04:49| Telecom - Topix.net

Today, Telecom becomes Spark. But as Hamish Fletcher reports, transforming the phone company is going to require much more than a name change.

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Telecom Sparks up in New Zealand

2014-08-08 02:00:00| Total Telecom industry news

New Zealand incumbent rebrands in a bid to attract new users and lure back former customers.

Tags: zealand telecom sparks

 

Portugal Telecom CEO quits in wake of debt dispute

2014-08-08 02:00:00| Total Telecom industry news

Henrique Granadeiro resigns; Portuguese incumbent calls shareholder meeting to discuss Oi merger.

Tags: portugal debt ceo telecom

 

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