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Altice set to buy Oi's Portugal operations - sources

December 01, 2014

The deal with Oi marks the effective unwinding of Oi's ill-fated merger with Portugal Telecom, which hit the rocks earlier this year when the Portuguese side lost hundreds of millions of euros in the country's Espirito Santo banking scandal. Altice already owns two small cable companies in Portugal and buying the former state-owned monopoly Portugal...

Source: http://www.cnbc.com/id/102225802
 
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