PT Multimedia: spinning off PT Multimedia
Autor(a) principal: | |
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Data de Publicação: | 2016 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/17267 |
Resumo: | The purpose of the present case – and accompanying Teaching Notes – is to better understand the spin-off of PT Multimédia, by Portugal Telecom, after receiving a Public Takeover Offer from Sonaecom, in 2006. The Government and the Competition Authority had never looked in a serious way at PT’s dominant position and the lack of room for competition in the TMT sector – PT was the owner of both the cable and copper networks, having access to privileged information from its competitors with control over the wholesale and retail businesses. In 2006, the company received a takeover offer from Sonaecom, the TMT subsidiary from the Portuguese conglomerate Sonae. The offer was voted and rejected by a majority of PT shareholders, but the whole process triggered several recommendations from the regulatory bodies. As a result, PT divested its cable business with the spin-off of PT Multimédia, giving birth to a new competitor and a totally different landscape in the telecommunications sector in Portugal. |
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PT Multimedia: spinning off PT MultimediaPortugal telecomSpin-offTakeover offerCorporate governanceDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe purpose of the present case – and accompanying Teaching Notes – is to better understand the spin-off of PT Multimédia, by Portugal Telecom, after receiving a Public Takeover Offer from Sonaecom, in 2006. The Government and the Competition Authority had never looked in a serious way at PT’s dominant position and the lack of room for competition in the TMT sector – PT was the owner of both the cable and copper networks, having access to privileged information from its competitors with control over the wholesale and retail businesses. In 2006, the company received a takeover offer from Sonaecom, the TMT subsidiary from the Portuguese conglomerate Sonae. The offer was voted and rejected by a majority of PT shareholders, but the whole process triggered several recommendations from the regulatory bodies. As a result, PT divested its cable business with the spin-off of PT Multimédia, giving birth to a new competitor and a totally different landscape in the telecommunications sector in Portugal.Pinho, PauloRUNMateus, João Henrique do Carmo2017-01-30T01:30:12Z2016-012016-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/17267TID:201529297enginfo:eu-repo/semantics/embargoedAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-10T15:35:20ZPortal AgregadorONG |
dc.title.none.fl_str_mv |
PT Multimedia: spinning off PT Multimedia |
title |
PT Multimedia: spinning off PT Multimedia |
spellingShingle |
PT Multimedia: spinning off PT Multimedia Mateus, João Henrique do Carmo Portugal telecom Spin-off Takeover offer Corporate governance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
PT Multimedia: spinning off PT Multimedia |
title_full |
PT Multimedia: spinning off PT Multimedia |
title_fullStr |
PT Multimedia: spinning off PT Multimedia |
title_full_unstemmed |
PT Multimedia: spinning off PT Multimedia |
title_sort |
PT Multimedia: spinning off PT Multimedia |
author |
Mateus, João Henrique do Carmo |
author_facet |
Mateus, João Henrique do Carmo |
author_role |
author |
dc.contributor.none.fl_str_mv |
Pinho, Paulo RUN |
dc.contributor.author.fl_str_mv |
Mateus, João Henrique do Carmo |
dc.subject.por.fl_str_mv |
Portugal telecom Spin-off Takeover offer Corporate governance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Portugal telecom Spin-off Takeover offer Corporate governance Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
The purpose of the present case – and accompanying Teaching Notes – is to better understand the spin-off of PT Multimédia, by Portugal Telecom, after receiving a Public Takeover Offer from Sonaecom, in 2006. The Government and the Competition Authority had never looked in a serious way at PT’s dominant position and the lack of room for competition in the TMT sector – PT was the owner of both the cable and copper networks, having access to privileged information from its competitors with control over the wholesale and retail businesses. In 2006, the company received a takeover offer from Sonaecom, the TMT subsidiary from the Portuguese conglomerate Sonae. The offer was voted and rejected by a majority of PT shareholders, but the whole process triggered several recommendations from the regulatory bodies. As a result, PT divested its cable business with the spin-off of PT Multimédia, giving birth to a new competitor and a totally different landscape in the telecommunications sector in Portugal. |
publishDate |
2016 |
dc.date.none.fl_str_mv |
2016-01 2016-01-01T00:00:00Z 2017-01-30T01:30:12Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/17267 TID:201529297 |
url |
http://hdl.handle.net/10362/17267 |
identifier_str_mv |
TID:201529297 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
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info:eu-repo/semantics/embargoedAccess |
eu_rights_str_mv |
embargoedAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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