Tuesday, March 4, 2008

Sale of Sonaecom never rose from speculation"

"Sale of Sonaecom never rose from speculation" The Sonaecom is not for sale. The assurance was given by Angelo Paupério, executive chairman of the firm's interview with the Economic Daily. "

The Sonaecom is not for sale. The assurance was given by Angelo Paupério, executive chairman of the firm's interview with the Economic Daily. " The hypothesis of sale of Sonaecom never changed from "mere speculation. Still very interested in this sector and we believe that already won the right to want to be an agent of change. Already shown what we can do," he said. Paupério devalues the fall of the actions and doubts in the market about how the company intends to achieve the lead. In the first balance sheet after nearly a year ahead of Sonaecom, the CEO said the company found that at the end of the OPA and the challenges we have ahead, in particular the plan of investment to meet the Portugal Telecom. Yesterday, during the annual presentation of the results of Sonaecom, Paupério said company planned an "ambitious programme of investment in order to improve our competitive position in the market and ensure sustained growth." A year after it lost the bid which launched on the PT, the current CEO of Sonaecom ensures that the company "today is better positioned to, in a positive way, to continue to develop its business as the main alternative operator.

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