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Portugal Telecom tests NetCracker vCPE

2015-05-04 21:58:00| Telecompaper Headlines

(Telecompaper) NEC and its subsidiary NetCracker Technology announced that they have successfully completed a proof of concept for their virtualized customer-premises equipment (vCPE) at Portugal Telecom. The PoC took place in March. The PoC demonstrated and validated the NEC/NetCracker vCPE's ability to migrate IPv4 and IPv6 routing, address assignment and translation and other IP networking functions from end-user home gateways to Portugal Telecom's data centre. By implementing the vCPE, Portugal Telecom will be able to accelerate and simplify the integration and distribution of new consumer services as well as reduce the cost of provisioning and maintaining those offerings, NEC said.

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Altice gets EU OK for Portugal Telecom buy, must sell existing ops

2015-04-20 02:00:00| Total Telecom industry news

European Commission rules that allowing merger of Caboviso and ONI with Portugal Telecom could impact on competition.

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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.

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Portugal Telecom shareholders approve PT sale to Altice

2015-01-23 09:10:00| Telecompaper Headlines

(Telecompaper) Shareholders of Portugal Telecom have approved the sale of PT Portugal to Altice. After earlier suspending the vote on the matter, the shareholders at their second gathering agreed to the sale proposed by Oi, which gained control of the Portuguese assets whent the two companies merged last year. Some shareholders had hoped the deal with Oi could still be undone, but Portugal Telecom warned it would only end up in a long court battle. Proceeds from the sale to Altice are expected to help Oi reduce its debt and participate in the consolidation udnerway in the Brazilian market. Portugal Telecom will be left as a holding company with a number of foreign assets, such as stakes in operators in Angola, East Timor and Macau. The sale of PT Portugal remains subject to regulatory clearance.

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Portugal Telecom Approves Unit Sale to Altice

2015-01-23 04:38:28| Telecom - Topix.net

Portugal Telecom SGPS SA shareholders Thursday approved the a 7.4 billion sale of its operating unit to Luxembourg-based Altice SA, ending weeks of uncertainty about the deal. With the acquisition Altice, which currently has a small presence in Portugal via operators CabovisA o and Oni, will become a key competitor in the country, next to Vodafone Group PLC and NOS.

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