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Portugal Telecom Needs to Win Back Confidence of Shareholders

Portugal Telecom confirms it did not receive the repayment of more than $1 billion in debt from Rioforte, a unit of troubled bank Espirito Santo. Portugal Telecom is now forced to take a cut in its share of the merger wtih Brazil's Grupo Oi as a resu

http://www.wgrz.com/video/3677749922001/1/Portugal-Telecom-Needs-to-Win-Back-Confidence-of-Shareholders http://cdn.newslook.com/47/470fe647df950eb50d25e1962260e466/images/frame_ext.jpg Portugal Telecom Needs to Win Back Confidence of Shareholders Portugal Telecom confirms it did not receive the repayment of more than $1 billion in debt from Rioforte, a unit of troubled bank Espirito Santo. Portugal Telecom is now forced to take a cut in its share of the merger wtih Brazil's Grupo Oi as a resu theStreet.comBrittany UmarTSCMincFinanceAndrew BulkeleyBrazilyoutubeYahoo!newslook 02:32

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