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ETO eyes Oi’s stake in Timor Telecom

Connectivity BusinessbyConnectivity Business
July 5, 2016
in Investments, Space Services
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East Timor energy group ETO is reportedly interested in buying a large stake in Timor Telecom from Brazilian telco Oi, which in late June filed for bankruptcy protection to restructure R$65.4bn (US$19.3bn) of debt. An agreement is expected to be reached soon said the head of the VSLN/Thelson/Bona Fide consortium hired by Oi to conduct the negotiation and sale of the […]

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Tags: Asia PacificOiPremiumTF247Timor Telecom
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