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Name | Symbol | Market | Type |
---|---|---|---|
Telefonica Brasil SA | NYSE:VIV | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.01 | 0.11% | 8.86 | 9.01 | 8.84 | 9.01 | 695,720 | 01:00:00 |
Portugal Telecom SGPS SA (PT) is a strategic asset for Portugal, the country's prime minister, Jose Socrates, said Monday.
Socrates added that he wants a "big" Portugal Telecom and that Brazil is a strategic market for Portugal.
Last week, Telefonica SA (TEF) made a EUR5.7 billion offer for Portugal Telecom's stake in Vivo Participacoes SA (VIV), a Brazilian joint venture that both companies control. PT rejected the offer and has said Vivo is strategic for the company.
The Portuguese government has a golden share in Portugal Telecom.
Company website: www.telefonica.com
-By Jonathan House and Jason Sinclair, Dow Jones Newswires; 34 913958121; jonathan.house@dowjones.com
1 Year Telefonica Brasil Chart |
1 Month Telefonica Brasil Chart |
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