Thursday, 20 July 2017

Oi OKs €7.4bn deal to sell Portuguese ops to Altice

By Mary Lennighan, Total Telecom
Tuesday 09 December 14

Consolidation on the cards in Brazil as Oi refocuses on its home market.

Oi will sell its Portuguese assets to France's Altice in a deal worth €7.4 billion, freeing it up to concentrate on the M&A opportunity in its home market. The Brazilian telco announced late on Monday that its board of directors has worked out the terms and conditions of the sale with Altice…

Oi will sell its Portuguese assets to France's Altice in a deal worth €7.4 billion, freeing it up to concentrate on the M&A opportunity in its home market. The Brazilian telco announced late on Monday that its board of directors has worked out the terms and conditions of the sale with Altice…

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