Armando Pereira


New chief for Portugal Telecom

Alexandre Fonseca (pictured) has been named as executive president of Portugal Telecom by the operator’s owner, Altice. Fonseca was previously CTO at Portugal Telecom. Claudia Goya, who was appointed to take over management at the operator earlier this year, will transition to the role of chairwoman of PT Portugal, while Paulo Neves is to leave […]

Drahi steps in as Altice CEO resigns after share price nose-dives

Michel Combes has resigned as Altice chairman and CEO following the company’s worse-than-expected quarterly results last week. Altice’s share price sank by a over a quarter following the results that highlighted a poor performance by French unit SFR in particular and spooked investors concerned about the company’s debt level. Combes having fallen on his sword, […]