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Altice taps Spain's MasMovil among bidders for $7.3 billion Portugal sale - sources

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LONDON (Reuters) -Altice Europe NV is sounding out prospective bidders including Spain’s MasMovil for its business in Portugal as it seeks to exit the country after stripping off most of the unit’s infrastructure operations, three sources told Reuters.
FILE PHOTO: An advertising board is seen during the first demonstration of the technology 5G in Lisbon, Portugal June 4, 2018. REUTERS/Rafael Marchante
The telecoms and cable company led by Franco-Israeli tycoon Patrick Drahi is working with Lazard to prepare the sale of Portugal’s largest telecoms player as part of an auction process that could kick off as soon as July, the sources said. ....

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米上院、対中包括法案を可決　技術競争に備え

米上院は８日、中国との技術競争に備える包括的な対中法案を賛成６８、反対３２で可決した。 ....

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Brazil expects 5G auction for next month - minister

Brazil's communications Minister Fabio Faria said on Wednesday the government expects the spectrum auction for 5G networks to happen next month. ....

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U.S., South Korea plan to deepen economic, security ties

The United States and South Korea on Friday pledged to deepen their economic and security ties, while working closely together to combat climate change and the COVID-19 pandemic, according to documents issued after a meeting of the two countries' leaders. ....

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Orange to lay off 485 employees in Spain amid 'hypercompetitive' market

Orange's Spanish business will lay off up to 485 employees in the coming weeks, the company said on Friday, citing years of shrinking income amid Spain's hypercompetitive and increasingly low-cost telecommunications sector. ....

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