![Headquarters of a Portugal Telecom is seen in Lisbon February 7, 2006. Shares in Portugal Telecom surged 22 percent on Tuesday after a 10.7 billion-euro ($12.8 billion) bid by smaller conglomerate Sonae, Headquarters of a Portugal Telecom is seen in Lisbon February 7, 2006. Shares in Portugal Telecom surged 22 percent on Tuesday after a 10.7 billion-euro ($12.8 billion) bid by smaller conglomerate Sonae,](https://c8.alamy.com/comp/2D1N162/headquarters-of-a-portugal-telecom-is-seen-in-lisbon-february-7-2006-shares-in-portugal-telecom-surged-22-percent-on-tuesday-after-a-107-billion-euro-128-billion-bid-by-smaller-conglomerate-sonae-and-analysts-speculated-rival-bidders-might-join-the-fray-sonae-extended-its-bid-to-include-pts-tv-and-internet-arm-pt-multimedia-on-tuesday-following-the-unsolicited-bid-for-the-former-state-monopoly-the-night-before-the-offer-is-the-biggest-ever-made-for-a-portuguese-company-reutersjose-manuel-ribeiro-2D1N162.jpg)
Headquarters of a Portugal Telecom is seen in Lisbon February 7, 2006. Shares in Portugal Telecom surged 22 percent on Tuesday after a 10.7 billion-euro ($12.8 billion) bid by smaller conglomerate Sonae,
![19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images 19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images](https://media.gettyimages.com/id/154978783/photo/zeinal-bava-chief-executive-officer-of-portugal-telecom-sgps-gestures-while-speaking-to-the.jpg?s=612x612&w=gi&k=20&c=H10AkMrSp4ERrYz9Ph6Z7li6AmGcaWU9rr0WH-AhMRE=)
19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images
![Portugal Telecom chief executive office Henrique Granadeiro talks during a news conference in Lisbon February 8, 2007. Takeover target Portugal Telecom reported on Thursday a 33 percent rise in 2006 net profit Portugal Telecom chief executive office Henrique Granadeiro talks during a news conference in Lisbon February 8, 2007. Takeover target Portugal Telecom reported on Thursday a 33 percent rise in 2006 net profit](https://c8.alamy.com/comp/2E6NC2F/portugal-telecom-chief-executive-office-henrique-granadeiro-talks-during-a-news-conference-in-lisbon-february-8-2007-takeover-target-portugal-telecom-reported-on-thursday-a-33-percent-rise-in-2006-net-profit-to-867-million-euros-sharply-beating-expectations-reutersjose-manuel-ribeiro-portugal-2E6NC2F.jpg)
Portugal Telecom chief executive office Henrique Granadeiro talks during a news conference in Lisbon February 8, 2007. Takeover target Portugal Telecom reported on Thursday a 33 percent rise in 2006 net profit
![19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images 19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images](https://media.gettyimages.com/id/154978784/photo/zeinal-bava-chief-executive-officer-of-portugal-telecom-sgps-gestures-while-speaking-to-the.jpg?s=612x612&w=gi&k=20&c=FMdLKIdsB3sJ10Dp3KK-hova2IDQMRy0iE8M0UekwHw=)
19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images
![19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images 19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images](https://media.gettyimages.com/id/182631783/photo/zeinal-bava-chief-executive-officer-of-portugal-telecom-sgps-gestures-while-speaking-to-the.jpg?s=612x612&w=gi&k=20&c=NOup-zP9h3JSGb2i21id3ucx3GFPrz9unTVFsdSIYFQ=)
19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images
![19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images 19 Portugal Telecom Ceo Zeinal Bava At The Technology Innovation Conference Photos and Premium High Res Pictures - Getty Images](https://media.gettyimages.com/id/154978788/photo/zeinal-bava-chief-executive-officer-of-portugal-telecom-sgps-gestures-while-speaking-to-the.jpg?s=612x612&w=gi&k=20&c=pCGNBjx4T2Ogl9LSwFcdhX7JlehqBIN4cUP55Ee0Cq4=)