A report from Portugal suggests that Sonaecom is unlikely to raise its offer for Portugal Telecom from its current level of EUR9.50 per share. Local newspaper Publico cites a source within Sonaecom and claims that the group is more likely to lower its bid price than increase it, given the recent deterioration of PT’s operational and financial performance.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors