Tetra | 2019-06-11

Portuguese State to acquire TETRA Operator SIRESP

Source: Telecompaper

The director general of Motorola Solutions Portugal, another shareholder in SIRESP, has confirmed the existence of "a generic agreement".

Altice Portugal has told news agency Lusa that an agreement in principle has been reached for the acquisition of shares held by private companies in the country's emergency communications network, SIRESP, by the Portuguese State.

The director general of Motorola Solutions Portugal, another shareholder in SIRESP, has confirmed the existence of "a generic agreement". SIRESP is owned 52.1 percent by PT Moveis (Altice Portugal), 33 percent by Parvalorem (Portuguese State) and 14.9 percent by Motorola Solutions.