Saudi Telecom Presented The Highest Offer For The Purchase Of Altice Portugal

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Saudi Telecom Presented The Highest Offer For The Purchase Of Altice Portugal

People are waiting for public transportation outside the Altice Portugal building in Lisbon, Portugal, on March 11, 2024. Saudi Telecom Company is emerging as the top bidder for Altice's Portugal unit, a deal that would bolster STC's presence in Europe, adding to a 9.9% stake in Telefonica and a EUR1.2 billion acquisition of tower assets in Bulgaria, Croatia, and Slovenia. Altice Portugal is operating fixed-line, mobile, and pay-TV services. (Photo by Luis Boza/NurPhoto)


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