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Portugal Telecom SA ADR PT

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    1. Oi cannot vote in Portugal Telecom GM on Altice deal

      Headlines

      Thu, 22 Jan 2015

      LISBON, Jan 22 (Reuters) - Brazil's telecom group Oi , Portugal Telecom 's merger partner and a leading shareholder, will not be able to vote in Thursday's shareholder assembly to approve the sale of PT 's former operations to Altice, the chairman of the meeting said.

    2. Oi- Portugal Telecom merger seen set to hold

      Headlines

      Mon, 19 Jan 2015

      LISBON, Jan 19 (Reuters) - Opposition to Brazilian group Oi's plans to sell off Portugal's former national telecoms operator, PT Portugal, is not expected to result in the business being returned to...

    3. Brazil's Oi says Portugal Telecom merger "irreversible"

      Headlines

      Fri, 16 Jan 2015

      SAO PAULO, Jan 16 (Reuters) - Brazil telecom Oi SA said on Friday that its merger with Portugal Telecom SGPS is "irreversible," dismissing calls by some PT shareholders to undo the deal now that Oi is trying to sell its Portuguese assets.

    4. 2014's Worst-Performing Stock We Cover: Oi

      Video Reports

      Fri, 16 Jan 2015

      effectively has a failed merger with Portugal Telecom ( PT ), and while the merger vote ..... In short, this is because Portugal Telecom had another investment in ..... Portuguese assets is expected, the Portugal Telecom shareholders need to vote

      PT found at 0:22

      that investors have. First, the company effectively has a failed merger with Portugal Telecom ( PT ), and while the merger vote was approved in May 2014 and Portuguese assets and debt were transferred to [TICKER:OIBR] Oi, the merger was never completed. In short, this is because Portugal Telecom had another investment in another firm that went bankrupt. And now [TICKER:OIBR] Oi is in limbo, since every time a major move in Portuguese assets is expected, the Portugal Telecom shareholders need to vote. Second, now [TICKER:OIBR] Oi is saddled with more than $19 billion of debt postmerger, and it has reduced financial
    5. BRIEF- Portugal Telecom says reversing Oi merger would destroy value

      Headlines

      Fri, 16 Jan 2015

      shareholders fail to approve the proposal by its merger partner Oi to sell PT 's former operations, PT Portugal, to Altice that would contribute to the continued uncertainty ..... shareholders' equity of Oi and, indirectly, its shareholder, PT SGPS".

    6. Portugal Telecom AGM chair wants vote to end "invalid" merger with Oi

      Headlines

      Thu, 8 Jan 2015

      LISBON, Jan 8 (Reuters) - The chairman of Portugal Telecom SGPS's ( PT SGPS) shareholder assembly has proposed to the board to cancel Monday's vote to approve the sale of the company's former assets by merger partner Oi, arguing that the merger deal had become invalid.

    7. Dos Santos woos Oi, PT with possible capital hike to support bid

      Headlines

      Mon, 15 Dec 2014

      LISBON, Dec 15 (Reuters) - Angolan billionaire businesswoman Isabel dos Santos is ready to help capitalise Brazil's Oi if her bid for Portugal Telecom SGPS ( PT SGPS), a key Oi shareholder, is successful and Oi's planned sale of Portuguese assets does not go ahead.

    8. Portugal Telecom calls Jan 12 shareholder vote on Altice-Oi deal

      Headlines

      Fri, 12 Dec 2014

      LISBON, Dec 12 (Reuters) - Portugal Telecom SGPS ( PT SGPS) has called a general shareholder meeting on Jan. 12 to vote on telecoms group Altice's planned acquisition of Portuguese operations from Brazil's Oi for 7.4 billion euros ($9.2 billion).

    9. Portugal Telecom Shareholders Vote in Favor of Restructured Merger With Oi

      Commentary

      Tue, 9 Sep 2014

      Portugal Telecom announced that it received overwhelming ..... meeting Monday. With this approval, PT will reacquire Rioforte Investments ..... Mobiliarios. Once that is received, PT shareholders will receive shares in the combined company. PT will continue to trade, but its only

    10. Vodafone and Portugal Telecom Announce Fibre Network Sharing Agreement

      Commentary

      Sun, 20 Jul 2014

      On Monday, Vodafone and Portugal Telecom announced an agreement to share a fibre ..... to the home built out, which will take PT 's coverage to about 2.1 million homes ..... telephony, broadband, and television. PT 's MEO4 plan has been one of the most ..... Vodafone's shares are undervalued, and that PT 's are fairly valued.

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