Portuguese telecoms group Sonaecom has ceased to be an investor in ZOPT, previously a 50:50 joint venture with controversial Angolan businesswoman Isabel dos Santos, and has taken control of a 36.8% stake in Portuguese pay TV and broadband provider NOS as a result. Sonaecom effectively exchanged its stake in ZOPT for 26.075% of the share […]
Sonaecom, part-owned of Portuguese pay TV and broadband service provider NOS, has challenged a Lisbon court’s seizure of a 26.075% stake in the company held by Isabel Dos Santos, the now-exiled daughter of former Angolan president José Eduardo Dos Santos. The challenge follows the court’s decision to seize the NOS stake held indirectly through Dos […]
France Telecom-Orange has entered into a put and call option that will allow it to sell its 20% stake in Portuguese telco Sonaecom to majority owner Sonae. The call is exercisable by Sonae over the next 18 months and the put will be exercisable by France Telecom during the three months following this period. Both […]
