Portugal Telecom

Vodafone linked with Altice Portuguese cable assets

Following the recent European Commission approval of the Portugal Telecom acquisition by French telco giant Altice, speculation is growing regarding the likely buyers of Altice’s other Portuguese assets, the disposal of which was a prerequisite of the approval.

Altice bids for Portugal Telecom

France-based cable group Altice has made an official bid to acquire the Portuguese assets of Portugal Telecom (PT) from Brazilian Oi for €7.03 billion. The assets in question include the Portuguese incumbent’s business excluding African operations, its Rioforte debt securities, Oi treasury shares and PT’s financing vehicles.

Vodafone boosts fibre play in southern Europe

Vodafone this week closed the acquisition of private equity-owned Spanish cable operator Ono for which it paid €7.2bn. Ono offers high speed broadband and pay TV services in Spain and Vodafone said that the transaction will accelerate its unified communications strategy “in a highly converged European market”.

Portugal Telecom and Oi compromise over debt to keep merger alive

In a bid to rescue their proposed merger Brazilian operator Oi will get a bigger piece of the combined operation – CorpCo – in return for helping Portugal Telecom (PT) out with €847 million of defaulted debt from Rioforte, which had threatened to scupper the move.

Belgacom launches consumer cloud service

Belgian incumbent operator Belgacom has launched a cloud storage service for its fixed internet customers, offering 10GB of storage for free, 30GB for a monthly fee of €2.95 and 200GB for €9.95/month. The Belgacom Cloud service will also enable users to access stored files across the operator’s pay TV system, Belgacom TV.

Cloud Team Alliance extends EU footprint with PT, KPN

The Cloud Team Alliance, a partnership inked between Belgian telco Belgacom and Numergy, a French cloud computing specialist, announced this week that the group has extended its alliance to include two other European operators, Portugal Telecom and KPN.

WeDo to offer roaming and rating solutions through PT cloud

Portuguese business assurance specialist WeDo Technologies has announced a partnership with incumbent operator Portugal Telecom (PT) that will see the firm’s rating validation and roaming management solutions offered on a SaaS model as part of PT’s new enterprise cloud offering, SmartCloudPT.

Ubuntu OS launched for smartphones and PCs

Open source software developer Canonical has launched an operating system for both mobile handsets and PCs. Ubuntu 13.10 is the firm’s effort to create OS convergence across all devices and has been hailed by Canonical as the “first true mobile release of Ubuntu”. The firm added that it is working with partners to bring Ubuntu smartphone devices to market in 2014.

Brazil’s Oi to merge with Portugal Telecom

Brazilian operator Oi and its largest shareholder Portugal Telecom have agreed to merge into a combined entity called CorpCo. The deal is expected to enable CorpCo to generate operational and financial synergies, with a net present value (NPV) of approximately R$5.5bn ($2.5bn) and benefit from increased scale.

Canonical announces Telco steering group for Ubuntu

Open source software developer Canonical has established a Carrier Advisory Group for its Ubuntu smartphone OS. The group is to be led by David Wood, a former Psion engineer and one of the founder members of the original Symbian collaboration.

Portugal Telecom CEO to lead Brazil’s Oi

The CEO of Portugal Telecom (PT) has been appointed to lead Brazilian operation Oi, in which PT holds a 23.34 per cent stake. At a WeDo Technologies user group in May Bava spoke at length about the importance of Brazil as a growth market where he would look to apply lessons learned in Portugal.

NEC and Portugal Telecom collaborate on SDN

Japanese vendor NEC has established a partnership with Portuguese incumbent operator Portugal Telecom that will see the two firms collaborate on SDN (software defined networking) and virtualisation technology for datacenters and carrier networks.

Portugal Telecom signs with mobile payment provider

Operator group Portugal Telecom has taken a step towards facilitating mobile payments after signing a partnership with m-commerce solutions provider Powa. The partnership aims to bring mobile payment services to small businesses and the SOHO segment in Portugal, Brazil and markets in Africa.


What will be the defining telecoms trend in 2018?

Loading ... Loading ...