• The European Commission has approved the proposed acquisition of the Portuguese telecommunications operator PT Portugal by the multinational cable and telecommunications company Altice. The decision is conditional upon the divestment of Altice's current Portuguese businesses ONI and Cabovisão. The Commission had concerns that, without the conditions, the merged entity would have faced insufficient competitive constraints from the remaining players on the market for fixed telecommunications. The Commission has also rejected a request to refer the examination of the transaction to the Portuguese competition authority.  Click here.