We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Stepping stone

2 October 2013 By Fiona Maharg-Bravo, Christopher Swann

The long-anticipated 5.6 bln euro merger of the Portuguese company with Brazil’s largest fixed-line operator creates a highly indebted enterprise, even after a capital hike. And claimed synergies are punchy. But teaming up makes sense in a consolidating Latin American market.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)