Altice could acquire PT Portugal as part of Oi-TIM merger
Altice could acquire PT Portugal, the Portuguese businesses of the former Portugal Telecom, if Brazilian telco Oi proceeds with a merger with TIM, reported Diario de Noticias. The Lusophone daily cited sources close to the situation as saying Altice could move to acquire PT Portugal to facilitate Oi's tie-up with TIM.
Following its merger with Portugal Telecom, Oi has already disposed of former PT assets like the 25% stake in Angolan telco Unitel, the report added.
Source Diario de Noticias