Bloomberg News

Cabovisao’s Tojo Sees Consolidation in Portugal As ‘Inevitable’

November 24, 2011

Nov. 24 (Bloomberg) -- Cabovisao’s managing director Martinho Tojo sees room for consolidation in the Portuguese telecommunications market, although his “objecive isn’t to sell the company.”

Consolidation is “inevitable” and is “an issue our shareholders should have on the table at all times,” Martinho Tojo said at a conference in Lisbon today. Cable company Cabovisao is owned by Canada’s Cogeco Cable Inc.

To contact the editor responsible for this story: Anabela Reis at areis1@bloomberg.net


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