Altice to Pay Oi EU7B for Portugal Telecom Assets

The video discusses the Brazilian telecoms business, focusing on an 8.8 billion USD offer for Portugal Telecom assets. The offer, valued at €7.025 billion, aims to unwind a previous merger and refocus on the Brazilian market. Financing will be through new debt and existing cash, aligning with Altys' strategy to expand in European markets. The video also highlights the underperformance of Oi's shares compared to the Brazilian market.

What was the value of the Portuguese assets that the Brazilian telecom business offered to buy?

• 7.025 billion U.S. dollars

• 8.8 billion euros

• 8.8 billion U.S. dollars

• 7.025 billion euros

Who is Patrick Drahi and what is his role in the telecom industry?

• Owner of a Brazilian telecom company

• Billionaire running Altice, a French cable company

• CEO of Portugal Telecom

• Investor in the Bovespa market

How is Altice planning to finance its acquisition of Portuguese assets?

• By merging with another company

• By selling existing assets

• Using new debt and existing cash

• Through a public offering

What significant acquisition did Altice make earlier this year?

• A German cable company

• A Brazilian telecom company

• SFR, a French mobile telephone business

• Portugal Telecom

How did Oi's shares perform compared to the Brazilian market?

• Increased by 64%

• Decreased by 64%

• Remained stable

• Increased by 6%