Portugal Telecom Says Operating Revenue Dropped 6.5% in the Second Quarter

Portugal Telecom SGPS SA (PTC), Portugal’s biggest telecommunications company, said second-quarter operating revenue fell 6.5 percent to 872.6 million euros.

Earnings before interest, taxes, depreciation, and amortization fell 5.3 percent to 350.7 million euros, the Lisbon-based company said today in a regulatory filing.

To contact the editor responsible for this story: Joao Lima at jlima1@bloomberg.net

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