Examples of Portugal Telecom in a sentence
BES Securities do Brasil, S.A. C.C.V.M. is controlled indirectly by a shareholder that holds 9.75% of the common shares of Portugal Telecom.
Alternative, lower cost options for organisational design should be considered through the use of “task shifting” Although job descriptions are in place, discrepancies exist in terms of grading and non- uniformity of district structures e.g. there are inconsistent job titles across similar positions in the FSDOH and currently district management team structures are in a state of transition with no prospects of uniformity without additional resources..
Under this joint venture framework agreement, each of the Telefónica group and the Portugal Telecom group agreed to contribute to a 50:50 joint venture certain of its cellular businesses in Brazil, including interests in operating companies and holding companies that own cellular licenses in Brazil, as well as other assets or business that are operated for the benefit of those companies.
Interests of Directors, Executive Officers and Certain Controlling Persons Each of TCP, Brasilcel, Telefónica Móviles, Telefónica, TMN, PT Móveis and Portugal Telecom may be deemed to be beneficial owners pursuant to the Exchange Act of the 111,583,149,861 common shares of TCO, or 86.2% of TCO’s common shares, and the 2,400,100 preferred shares of TCO, or 0.0% of TCO’s preferred shares held directly by TCP.
Other than as described in the preceding sentences, to TCP’s knowledge, none of the directors or executive officers of TCP, Brasilcel, Telefónica, Telefónica Móviles, Portugal Telecom, Telefónica Internacional, TMN or PT Móveis, or any associate of these companies or their directors and executive officers beneficially owns any common shares or preferred shares of TCO.
In accordance with these definitive agreements, Telefónica Móviles and the Portugal Telecom group have the same voting rights in Brasilcel.
On October 17, 2002, Telefónica Móviles, on the one hand, and Portugal Telecom and PT Móveis, on the other, entered into the definitive stockholders’ agreement and subscription agreement that implemented the joint venture framework agreement signed in January 2001.
Similarly, Telefónica Móviles would be entitled to sell to the Portugal Telecom group, which would be obliged to buy, its ownership interest in Brasilcel if there is a change of control at Portugal Telecom, PT Móveis or any other subsidiary of either company that holds a direct or indirect ownership interest in Brasilcel.
In addition, directors and executive officers of TCP, Brasilcel, Telefónica Móviles, Telefónica, Telefónica Internacional, TMN, PT Móveis, Portugal Telecom, Portelcom Participações, Ptelecom Brasil and/or Intertelcom own an additional 6,703 common shares and 14,432 preferred shares.
Pursuant to the joint venture arrangement described below under “— Transactions and Arrangements Concerning Preferred Shares — Joint Venture Arrangement,” Telefónica Móviles, on one hand, and Portugal Telecom and PT Móveis, on the other hand, have equal voting rights in Brasilcel, the controlling shareholder of TCP.