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SNC Sonaecom Sgps Sa

2.68
0.12 (4.69%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sonaecom Sgps Sa EU:SNC Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.12 4.69% 2.68 2.44 2.68 2.68 2.56 2.56 3,540 16:40:00

Portugal's Sonaecom To Invest EUR500 Million In Network Through 2013

26/01/2010 1:06am

Dow Jones News


Sonaecom Sgps (EU:SNC)
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Portuguese telecommunications company Sonaecom SGPS S/A (SCN.LB) said late Monday it's planning to invest close to EUR500 million in its own network through the end of 2013.

The company's filing to the Portuguese stock market regulator comes in response to recent news reports suggesting that a possible 46% cut in mobile-call termination fees, planned by the country's telecom regulator, Anacom, could have an adverse impact on companies' network investments.

Sonaecom, a unit of conglomerate Sonae SGPS SA (SON.LB), is a competitor of Portugal Telecom SGPS SA (PT) and ZON Multimedia SGPS SA (ZON.LB).

Regulator Web site: www.cmvm.pt

-Enza Tedesco, Dow Jones Newswires, enza.tedesco@dowjones.com

 
 

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