Altice could sell Oni next month to facilitate its PT Portugal acquisition
Altice could divest Portuguese telco Oni in April to speed up its acquisition of PT Portugal, reported Diario Economico. The Lusophone publication cited Altice CEO Dexter Goei as saying Oni could be sold next month to avoid potential regulatory hurdles to the French telco's acquisition of PT Portugal.
Altice has already indicated it will sell Cabovisao, the Portuguese cable operator, to avoid an investigation by the AdC Portuguese Competition Authority into the deal.
Diario Economico