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PT sells Vivo stake to Telefonica for $9.7bn
29 July 2010
Spain’s Telefónica is purchasing Portugal Telecom’s (PT) stake in mobile operator, Vivo, for $9.7 billion.
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Portugal Telecom
Telefónica
Vivo
PT is to use some of the sale proceeds to acquire a 22.4% stake in Brazilian telecom company, Oi.
Vivo’s...
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