Patrick Drahi's Altice seeks to buy Oi's Portuguese assets: source

Billionaire Patrick Drahi's cable and telecoms company Altice SA is looking to acquire the Portuguese assets of Brazilian carrier Oi SA, a source familiar with the matter told Reuters.

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Oi slumps following surprise loss, dividend reduction

Oi SA plunged following its announcement about an unexpected loss and reduction of its dividend payment.

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