Portugal Telecom CEO Zeinal Bava says the company is in a comfortable financial position which will enable it to see out the current global economic crisis. A report from Reuters cites Bava as saying: ‘We have EUR1.5 billion in standby facilities and EUR800 million in commercial paper, which sums up to EUR2.3 billion total, and with the cash we have this leaves us very comfortable.’
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