Friday, 19 October 2018

Altice makes €7bn offer for Portugal Telecom

By Mary Lennighan, Total Telecom
Monday 03 November 14

Oi/Portugal Telecom tie-up on shaky ground as French cableco comes forward with a bid for PT's domestic assets.

Altice on Monday announced that it has made a €7.03 billion offer for Portugal Telecom, a move that, if successful, will lead to the unravelling of the ongoing merger between the Portuguese incumbent and Brazil's Oi. The bid targets Portugal Telecom's domestic assets and does not include its businesses in Africa…

Altice on Monday announced that it has made a €7.03 billion offer for Portugal Telecom, a move that, if successful, will lead to the unravelling of the ongoing merger between the Portuguese incumbent and Brazil's Oi. The bid targets Portugal Telecom's domestic assets and does not include its businesses in Africa…

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