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09 March 2012
Portugal Telecom’s subsidiary, Companhia Santomense de Telecomunicações (CST), has launched 3G services on the island of São Tomé and Príncipe.
CST's 3G network will offer
speeds of up to 14Mbps, with access to mobile broadband
services and mobile data as well as video calling.
Companhia Santomense de Telecomunicações,
São Tomé and Príncipe,
Henrique Granadeiro has resigned from his position as CEO at Portugal Telecom, following a bad debt deal.
Vodafone Portugal and Portugal Telecom have signed an agreement to deploy and share fibre networks to reach 900,000 homes in Portugal.
The Brazilian government has thrown weight behind a planned merger between Portugal Telecom and Oi claiming the deal is not at risk.
Portugal Telecom has partnered with telecoms consultant Altran Portugal to combine its cloud and data services across Europe.
Brazilian operator Oi has raised an estimated $3.7 billion (R$8.25 billion) in a follow-on share sale, ahead of its merger with Portugal Telecom, Bloomberg reports.
Brazilian operator Oi could complete its merger with Portugal Telecom by the end of April, according to Zienal Bava, chief executive of both companies.