Nicholson on Portugal Telecom Ruling

July 8 (Bloomberg) -- Christopher Nicholson, a senior analyst at equity research firm Oraca Ltd., talks about the European Court of Justice ruling on Portugal's right to veto decisions by the country’s biggest phone company, Portugal Telecom SGPS SA. The European Union's highest court ruled today in Luxembourg that the so-called golden share gives the country an unjustified influence over the company. The governnmet is seeking to block the sale of Portugal Telecom's stake in Brazil's largest wireless operator. Nicholson speaks with Andrea Catherwood on Bloomberg Television's "The Pulse." (Source: Bloomberg)