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Portugal Telecom shareholders OK Altice deal

2015-01-23 01:00:00| Total Telecom industry news

Oi makes progress with plan to focus on its Brazilian operations; names new CEO.

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Portugal Telecom speaks out on eve of Altice vote

2015-01-21 01:00:00| Total Telecom industry news

Portuguese telco says it has provided all the information necessary for shareholders to make a decision on asset sale.

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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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First Gidue MX2 sold in Portugal

2015-01-19 06:00:00| Label and Narrow Web Breaking News

Codimarc is focused on the supply of integrated solutions that combine advanced hardware, software and services.

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Portugal Telecom shareholders delay vote on Altice deal

2015-01-13 09:05:00| Telecompaper Headlines

(Telecompaper) The shareholders meeting of Portugal Telecom on 12 January was suspended and rescheduled for 22 January. The decision came after the company's major shareholders, including Novo Banco, Ongoing and Telemar, expressed this request. With the application for suspension, the shareholders aim to get additional information, including legal opinions on the EUR 7.4 billion merger between Oi and Portugal Telecom. The meeting was scheduled to vote on Oi's proposed sale of PT Portugal to Altice. The unions of PT Portugal consider the postponement a "half victory", as it opens the possibility of the merger with Oi to be cancelled, Publico reports. For its part, the Brazilian operator said it supports the decision by shareholders.

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