RTP: Possible privatisation of state-owned television already attracting interest

Newshold, which publishes newspaper “Sol” in Portugal, has expressed interest in the privatisation of Portugal’s state-owned television RTP, shrugging off “parochialist” press comments regarding the group’s Angolan origins.

Business Economy Politics What's New — 14 December 2012 by Lusa News
RTP: Possible privatisation of state-owned television already attracting interest

Angolan media group Newshold has expressed interest in RTP (Photograph: All Rights Reserved /PDV)

dropcap]T[/dropcap]he Angolan media group Newshold was first out of the blocks to express interest in the future of RTP should the government opt to sell off the state-owned Portuguese television company.

Where the solution defined by the Portuguese government is to privatise or to outsource the RTP concession proves of interest to the parties, Newshold has the means available, whether independently or in partnership, to submit a serious bid aiming to ensure and guarantee the implementation of a truly solid and independent project for RTP”, read a statement issued by the board and signed by Sílvio Alves Madaleno and Mário Ramires, board chairman and CEO respectively.

Newshold, which holds a range of media interests in Angola and publishes newspaper Sol in Portugal, was also swift to dismiss what it perceived as the parochialism of some press comments about the group and its Angolan origins.

We should clarify that all Newshold shareholders, irrespective of holding Angolan nationality, are also Portuguese nationals and hold dual citizenship,” the statement clarified before dismissing comments about the alleged “mysterious nature” of its capital.

In what way does Newshold capital with its origins in Angola differ from capital from Angola that is today enabling the survival of many companies in Portugal across many different sectors as well as the recapitalisation of the bank?”, the statement asked.

The statement concluded that Newshold’s interest in RTP would not be put off “by any statement of a xenophobic nature or by conspiracy theories that may be formulated with the objective of denigrating” the company or its shareholders.

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