Is Oi Ready to Approve Altice Deal?

The transcript discusses OY's board meeting to decide on a €7.4 billion deal with Alteast, owned by Patrick Drahi. OY, Brazil's second-largest telecom player, is shifting focus from global expansion to concentrating on the Brazilian market, aiming to reduce debt. Isabel dos Santos, Africa's richest woman, bid €1.2 billion for Portuguese assets, but her deal may not proceed if OY sells these assets to focus on Brazil. The discussion highlights global telecom consolidation and financial strategies.

What was the main reason for the company to reconsider its deal in Brazil?

How does the text describe the current state of global telecom consolidation?

Who is Africa's richest woman mentioned in the text, and what was her interest in the Portuguese assets?

What impact could the sale of Portuguese assets have on Portugal Telecom Holdings shareholders?

What financial challenges are highlighted in relation to the €7 billion investment?