Welcome to the pulse live from bloombergs European Headquarters in london. A big day of news in the telecom space. Up anothereing asset. Here with more is Caroline Hyde. This could be the winning offer. They have upped it by 5 . It seems to be sitting that private Equity Companies have been involved as well. , thePatrick Drahi billionaire behind altice is over offering. He says, overall, it is related to a 500 million euro extra bid in terms of future revenues. People like Patrick Drahis style. 20 years ago, he started altice, now frances biggest cable company. He bolted on and bolted on and now they are a huge player. They like the idea that he wants to get into portugal even more. He is looking at telephone assets to add to the cable assets he already has in portugal. Iserally, this is a man who dealing, making it work. Investors like it. This would be a better deal than oi had previously. O this is unraveling another m a that happened last year. Oi is brazilbased. The reason they wa
A warm welcome back to countdown. I am anna edwards. Lets tell you what is coming up later this morning on the pulse we will be joined by the former tesco boss. He will discuss one of his newest ventures and share his thoughts on u. K. Business. Before all that, lets get back to our top story. What has been taking place in turkey. Prime minister erdogan has declared victory in local elections. Lets get to istanbul where we are joined by Elliott Gotkine. A huge victory for Prime Minister erdogan. Alongside thening mayoral candidate for a stengel where he won for istanbul where he once ruled the roost. His party was very much in play here. Questions, wasd he going to win more of the vote, would they hold off, would they hold onto istanbul . The answer to all of those questions, yes. He has scored the political equivalent of a hat trick. He felt emboldened yesterday when he came onto the dock any outside his headquarters in the turkish capital to greet thousands of cheering supporters. He
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