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PSI 20
The Portugal Telecom Group
is the largest telecommunications and multimedia business organisation
in Portugal. It offers a range of products and services at the level of
the most advanced international companies in the sector, in which quality,
diversification and innovation are decisive aspects.
The group dominates the
market of local, long distance and international telephone services and
the circuit rental service. It is also national leader in mobile phones
services, paging, cable television, data communication, value added and
television broadcasting
Portugal Telecom informs
about Project of decision from the Competition Authority
Lisbon, 28 September 2006
– Portugal Telecom (PT) informs that it has received the project of decision
from the Competition Authority not to oppose the concentration notified
by Sonaecom related to the public tender offers in progress over PT and
PT Multimedia. At this stage, PT has no comments on the contents of the
project of decision.
PT is also aware of the
press release disclosed by Anacom on the preliminary nature of the document
issued by the Competition Authority and on the work being developed within
Anacom in order to issue the final version of its opinion.
PT will present to the Competition
Authority its understanding on such project of decision, as provided for
in the applicable law. Therefore no opinion or statement on this matter
may be attributed to PT in the meantime.
This information is also
available on PT’s IR website http://ir.telecom.pt.
Contact: Nuno Prego, Investor
Relations Director
nuno.prego@telecom.pt
Portugal Telecom
Tel: +351 21 500 1701
Fax: +351 21 500 0800
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