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Telecommunication

World news about “Telecommunication” published by euronews.

16/07 19:35 CET

Portugal Telecom merger with Oi takes a hit from Espirito Santo family’s troubles

Portugal Telecom merger with Oi takes a hit from Espirito Santo family’s troubles

Portugal Telecom's merger with Brazil's Oi group has been hit by the problems of the Espirito Santo family. One of the family's financially troubled companies owes 897 million euros to Portugal Telecom (PT) and cannot pay it back. The Brazilians said as a result they would…


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