Portugal Telecom Freezes Wages Until 2013, Dinheiro Vivo Reports

Portugal Telecom SGPS SA (PTC) will freeze workers’ salaries this year and in 2013, business news website Dinheiro Vivo reported today, citing a statement from the company’s workers commission.

To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net

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