Portuguese incumbent Portugal Telecom wants to acquire 30-40% of Brazilian mobile group Oi, according to Spain’s El Economista. The online publication says that PT is looking for a “distinguished” presence in the Brazilian operator, although the stake in…
Portuguese incumbent Portugal Telecom wants to acquire 30-40% of Brazilian mobile group Oi, according to Spain’s El Economista. The online publication says that PT is looking for a “distinguished” presence in the Brazilian operator, although the stake in question would not be enough to gain control of the number four player.
The Brazilian government, which changed the law to create a national telecoms champion, would not back the deal, which would be with private shareholders.
