Portugal Telecom

The Portuguese government has not banned Huawei Portugal’s three most prominent telecom operators — NOS, Vodafone and Altice — will not being using Huawei in the build out of their core 5G networks, according to Reuters. When considered together, the …

Two big moves by large carriers within a single week will bring big changes to Latin American wireless markets. AT&T’s announcement that it will acquire Nextel Mexico showed how the U.S.-based carrier plans to expand its operations further in the country after its purchase of Iusacell. “AT&T announced …

After the general meeting of Portugal Telecom SGPS shareholders was postponed, Oi said that while it supported the meeting delay, the sale of its stake in PT Portugal to Altice is the best alternative for the company. At the meeting, which …

Portuguese authorities said they conducted a search of Portugal Telecom’s offices as part of a fraud investigation. Newspaper Diaro Economico reported that the PT shareholder assembly to approve the sale of PT assets to France’s Altice could be delayed because an …

Oi’s board of directors has approved the sale of Portugal Telecom shares to Altice. The transaction is estimated at $9.1 billion and involves the transfer of all shares issued by PT Portugal. In a statement released on Dec. 8, Oi said …