SNC Sonaecom Sgps Sa

2.56

0.00 (0.00%)

26 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
	0.00	0.00%	2.56	2.56	2.68	2.56	2.56	2.56	250	02:01:08

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