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Portugal Zon shareholders approve Optimus merger

March 07, 2013

LISBON, March 7- Shareholders in Portugal's Zon Multimedia on Thursday approved a proposed merger with Optimus, the mobile phone unit of Sonaecom, to create the country's second-largest telecoms firm, increasing competition. Zon is also active in Angola and Mozambique. Optimus ranks as Portugal's third telecoms firm after the local unit of Vodafone Group Plc.

Source: http://www.cnbc.com/id/100533177
 
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