{"id":27631,"date":"2014-12-02T09:30:23","date_gmt":"2014-12-02T08:30:23","guid":{"rendered":"https:\/\/www.rudebaguette.com\/?p=27631"},"modified":"2019-04-30T16:29:11","modified_gmt":"2019-04-30T14:29:11","slug":"following-sfr-virgin-mobile-altice-looks-acquire-portugal-telecom","status":"publish","type":"post","link":"https:\/\/www.rudebaguette.com\/en\/2014\/12\/following-sfr-virgin-mobile-altice-looks-acquire-portugal-telecom\/","title":{"rendered":"Following SFR and Virgin Mobile, Altice looks to acquire Portugal Telecom"},"content":{"rendered":"

\"pt\"<\/p>\n

Altice, led by telco mogul Patrick Drahi and owner of now\u00a0SFR-Numericable, has their sights on Portugal Telecom (PT) for which it has made a reported 7.4 billion euro offer<\/a>. As their offer proved to be more attractive than a rival 7.075 billion euros offer by\u00a0Apax\u00a0et Bain Capital, PT’s owner, Brazilian telco Oi, quickly advanced negotiations with\u00a0Altice.<\/p>\n

In order to make the offer even more attractive,\u00a0Altice\u00a0also agreed a deal with Portugal’s postal service,\u00a0CTT, to develop synergies in the Portuguese telco market. This agreement would open the way to a similar model seen in France where the postal service also services a key distribution channel for\u00a0telecom\u00a0services and handsets.<\/p>\n

This deal wouldn’t be\u00a0Altice’s\u00a0first foray into the\u00a0Portuguese\u00a0market as they already own Portuguese cable-operator\u00a0Cabovisao (acquired in 2012) and enterprise telco service provider Oni (acquired in 2013). \u00a0Bringing\u00a0PT into the fold with its 40-50% share in the mobile, hi-speed, and television markets, will make\u00a0Altice\u00a0the top player in the Portuguese telco space.<\/p>\n","protected":false},"excerpt":{"rendered":"

Altice, led by telco mogul Patrick Drahi and owner of now\u00a0SFR-Numericable, has their sights on Portugal Telecom (PT) for which it has made a reported 7.4 billion euro offer. As their offer proved to be more attractive than a rival 7.075 billion euros offer by\u00a0Apax\u00a0et Bain Capital, PT’s owner, Brazilian telco Oi, quickly advanced negotiations<\/p>\n","protected":false},"author":77,"featured_media":27633,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"subtitle":"","footnotes":""},"categories":[10564],"tags":[8434,8435],"class_list":["post-27631","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tech-2","tag-numericable-en","tag-sfr-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/27631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/comments?post=27631"}],"version-history":[{"count":0,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/27631\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media\/27633"}],"wp:attachment":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media?parent=27631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/categories?post=27631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/tags?post=27631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}