Portugal Telecom seals $5 billion Oi deal

Marks PT's return to business in Brazil

Portugal Telecom (Lisbon, Portugal) said today it had signed the necessary contracts to seal the purchase of a 22.38 percent direct and indirect stake in Brazil's main fixed-line phone carrier Oi (Rio de Janeiro) for 8.32 billion reais ($4.98 billion). The deal, drafted last July, effectively means the return of Portugal Telecom as a major player to fast-growing Brazil after it sold its stake in Brazil's top mobile firm Vivo to Spain's Telefonica for 7.5 billion euros last year.

Cloud services can drive telco success

Will cloud solve the ARPU dilemma?

Historically, telecommunication companies have been characterized by fixed rates for telephone and Internet service. Because price is the distinguishing factor instead of features or other differentiators, the average revenue per user has been on a downward trend. The industry has been looking for a solution to this trend for some time, and some providers are now finding it in managed IT services in the cloud.

Well Positioned to Engage in Managed Cloud Services

Telecom Evolution

The view from a front row seat

As someone who's been in and around the telecom industry for a long time, you can appreciate the kinds of changes I’ve seen over the years. At its basic level, we've gone from a world of monopoly fixed line service providers, to a de-regulated one where CLECs temporarily roamed, to the fragmented mobile-centric/Internet-centric business of today, where players like Amazon and Google and innovative device companies like Apple and RIM lead the way.

New decade, new horizons for the communications industry

New concepts bring great opportunities

So here we are in a brand new decade; in many ways, escaping from the “Noughties” won’t be all bad for the communications industry. After all, we weathered the telecom freeze in the early 2000s, which decimated the ranks of telecom equipment makers, forced consolidation among some carriers and increased regulatory actions in many parts of the world.

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