Altice does not feel welcome in Portugal

The Portuguese co-founder of Altice has criticised Portugal’s government and has made the error of assuming that, because the French-owned group owns significant assets in the country, it is above the rules and regulations that govern domestic companies.

Altice’s Armando Pereira said today that the Portuguese government “often does not see the importance” of the French group’s investment in Portugal and said that he senses that the government “does not like” the company that bought PT Portugal two years ago and currently is buying the company that owns Media Capital SA along with its significant Portuguese media assets.

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