“Telecom Italia is considering launching a bid for Hi. Merger with PT going forward, but the Portuguese company should stick with an even smaller share.»
“Three months ago, the Portugal Telecom would merge themselves with the Hi and become a large telecommunications company, an operator with `global` ambition, describing Zeinal Bava, president of Hi.»
“The investment in Rioforte, who stole nearly half the value of PT – EUR 897 million when the company was valued at 1.9 billion – skewed the terms of the merger, “writes DN.
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