José Varela Rodrigues

Ryanair threatens to lay off 3.500 workers if no agreement is reached on wage cuts

The scenario is admitted by the executive chairman of the low-cost airline, Michael O'Leary, who will be trying to cut wages "by 20% for the highest-paid captains and 5% for the lowest-paid flight attendants".

Portuguese stock exchange follows Europe at a slight low. NOS falls more than 6% in PSI 20

The main Portuguese stock index started the second half of 2020 to lose 0,6%, to 4.363,79 points, in line with the main European markets. NOS trades today in ex-dividend, with telecom paying the dividend to its shareholders as of July 3.

Heads of State of Portugal and Spain meet today to mark the reopening of borders

The reopening of the Portuguese-Spanish border was announced for the 22nd of June by the Spanish Minister of Industry, Trade and Tourism, Reyes Maroto. But, after controversy with the announcement of the Spanish ruler, the moment was eventually rescheduled for July 1.

OMTEL changes brand and corporate image for Cellnex

With OMTEL's rebranding, Cellenex seeks to take another step in consolidating its presence in the Portuguese market. After acquiring OMTEL in January, Cellnex reached an agreement with NOS to acquire 100% of NOS Towering, a company that manages two thousand telecommunications towers.

Anacom puts into consultation six packages of measures for new universal postal service

Communications regulator approved a set of measures for the new universal postal service. The measures released today will be in public consultation until July 28. The regulator wants to maintain quality requirements and change the price rule in the universal postal service.

Competition authorizes sale of NOS international business to French company

The sale of NOS International Carrier was dependent on the appreciation of the AdC. Despite the sale of the business, Tofane has committed itself to continue to provide NOS ICS services to NOS group companies until now. NOS hopes to “optimize the respective cost structure related to the termination of its Voice and SMS traffic in international destinations”, with this operation.
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