Altice may be slapped with €2.3bn fine for premature takeover of PT Portugal
French telecoms and media group Altice has been accused by the European Commission (EC) of allegedly breaching EU laws when it took ...
Tag: Pharol SGPS
Altice elevates PT Portugal CEO Paulo Neves to chair of the board
Altice has made Paulo Manuel da Conceição Neves chair of the board of directors of PT Portugal to add to his duties as CEO at ...
Bondholders claim Oi’s restructuring plan favours existing shareholders in court objection
Oi bondholders represented by Moelis have presented a motion to a Rio de Janeiro court to object to the telco’s reorganisation plan ...
Sawiris and creditors propose US$1.25bn injection to take control of Oi
Egyptian billionaire Naguib Sawiris and Oi‘s bondholders have proposed investments worth R$37bn (US$11bn) over five years in exchange for 95% of ...
Oi asks for judicial consent to sell Timor Telecom in bid to cut debt
Struggling Brazilian telco Oi has asked the court administrating its bankruptcy protection for authorisation to sell its direct and indirect interests in Timor ...
Orascom names new CEO and CFO, Naguib Sawiris to step down
Egyptian TMT tycoon Naguib Sawiris has tendered his resignation as CEO of Orascom Telecom Media and Technology and is set to be replaced by COO ...
Oi hires Laplace as financial adviser, halts sale of Timor Telecom
Oi has hired restructuring specialist Laplace Finanças, which is going to assist in the judicial reorganisation process of the company and its ...
Oi eyes merger with AT&T’s Sky Brasil
Struggling Brazilian telco Oi is reportedly looking to merge with Sky Brasil, owned by AT&T-controlled DirecTV Latin America. Oi reportedly intends to approach the satellite television ...
Aurelius forms new bondholder group to negotiate with Oi
New York-based Aurelius Capital Management has reportedly formed a second dissident group of bondholders at Brazilian telco Oi, likely complicating ...
Oi hires Laplace as financial adviser, Sawiris and bondholders consider bid
Struggling Brazilian telco Oi has reportedly hired restructuring specialist Laplace Finanças to replace PJT Partners as its financial adviser on its debt restructuring. Meanwhile, a ...
