Legal Proceedings Report • Jan 25, 2022
Legal Proceedings Report
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PHAROL was today notified by the European Commission of the amendment of the decision taken on 23 January 2013 that imposed a fine on Portugal Telecom for alleged infringement of competition rules.
The new calculation of the fine represents an amount lower than that stipulated in 2013 and, since that date, deposited with the European Commission.
This new Decision does not therefore have any impact on PHAROL's Treasury or Results.
PHAROL also informs that it is analyzing this new decision of the European Commission and considering the need for a possible reaction.
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