The government is negotiating plans to possibly change the corporate governance model at Portugal Telecom SGPS, Jornal de Negocios reported. A spokesman for Mario Lino, the public works, transport and telecoms minister told the business daily that PT’s governance model is “not untouchable.” Some of the alterations in PT includes the abolition of the role of chairman currently held by Finance Minister Ernani Lopes. Zeinal Bava, the finance director, will give up that role and will succeed Lopes a...

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