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Articles tagged with: Portugal Telecom
Fitch Affirms Portugal Telecom at 'BBB'; Outlook Negative
Fitch Ratings has affirmed Portugal Telecom's Long-term debt ratings at 'BBB' with a Negative Outlook. more
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Portugal Telecom Downgraded on Continuous EBITDA Pressures; Outlook Negative
Standard & Poor's Ratings Services today lowered its long-term corporate credit ratings on Portugal Telecom to 'BB' from 'BB+'. The short-term corporate credit rating was affirmed at 'B'. The outlook is negative. more
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Telefonica and Portugal Telecom Fined for Non-Competition Agreement
The European Commission has imposed fines of EUR66.9 million on Telefónica and EUR12.3 million on Portugal Telecom for agreeing not to compete with each other on the Iberian telecommunications markets. more
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Moody's: Portugal Telecom's dividend cut and refinancing extension are credit positive
Moody's Investors Service has said that it views as credit positive for Portugal Telecom the company's recently announced reduction in its shareholder remuneration policy for 2012-14 and the extension of its refinancing until June of 2016. Moody's considers that the cut in dividends and refinancing extension alleviate Portugal Telecom's liquidity risk and support its deleveraging efforts. more
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Portugal Telecom to Focus on Repaying Debt due to Ongoing European Debt Crisis
Portugal Telecom has decided to pare back its dividend payments to shareholders and focus on paying down debt in order to deal with the current economic climate in Europe. more
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Portugal Telecom Revenues Jump on Acquisitions but Profits Fall
Portugal Telecom has announced a near doubling in its first quarter revenues of EUR 1.72 billion, but a 56 percent drop in its profits of EUR 56.5 million. more
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Fitch Affirms Portugal Telecom Debt Ratings with a Negative Outlook
Fitch Ratings has affirmed Portugal Telecom's Long-Term Issuer Default Rating (IDR) at 'BBB' with a Negative Outlook. The senior unsecured rating of Portugal Telecom Finance International's bonds has also been affirmed at 'BBB.' more
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CST launches 3G technical pilot in Sao Tome and Principe
CST, the Portugal Telecom subsidiary in São Tomé and Príncipe has initiated a technical pilot phase of its 3G network. more
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Portugal Telecom's Debt Ratings Lowered Following Country Downgrade
Standard & Poor's Ratings Services has lowered its long-term and short-term corporate credit ratings on Portugal Telecom to 'BB+/B' from 'BBB-/A-3. The outlook is negative. more
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Sao Tome and Principe to Award Second Mobile License in 2012
The island nation of Sao Tome and Principe will grant a second mobile network operator license in the first half of next year, Minister of Public Works, Infrastructure and Natural Resources, Carlos Vila Nova. has announced. more
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