Israeli-French telecoms and media mogul Patrick Drahi took the unusual step of directly addressing investors and analysts at a quarterly results call for Altice International on Monday in a bid to calm jitters over a corruption probe shaking its Portuguese subsidiary. The move follows the arrest in Portugal on July 13 of long-time collaborator, Portuguese-French …
A Portuguese court has
ordered Altice s co-founder Armando Pereira be placed under
house arrest while an investigation into alleged corruption at
the group s local subsidiary is conducted, his lawyer.
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