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Claranet Portugal CEO on NOS Acquisition: "A Good Home for Employees"

António Miguel Ferreira, CEO of Claranet Portugal, has clarified that the British Claranet Bunch had no beginning plans to offer its Portuguese backup. In any case, after getting an offer of €152 million from NOS, the bunch acknowledged, seeing it as an opportunity to reinvest in bigger markets with more prominent development potential.

Ferreira emphasized that Claranet Portugal will keep up operational freedom beneath NOS, keeping its brand and trade structure intaglio. The securing is still pending endorsement from the Portuguese Competition Specialist, which seem take two to three months.

With respect to workers, he guaranteed that no cutbacks are arranged which Claranet Portugal will proceed to develop and contract. The company will stay a service-based IT trade instead of joining into NOS's broadcast communications operations.

As for his possess future, Ferreira remains tight-lipped, expressing that discourses on administration and vital course will as it were happen after administrative endorsement.