OPTIMUS (PORTUGAL) TO INVEST USD 654 MILLION IN FOUR YEARS.

Due to be up and running next September, the third mobile telephone operator in Portugal, Optimus, is set to invest over Escudo 120 billion (USD654 million) over the next four years. Over half of the sum, up to Escudo 70 billion (USD381.5 million) will be invested until the end of 1998, Paulo Azevedo, the consortium's administrator, announced on April 22. A 45% stake in Optimus is held by Sonae, the largest Portuguese...

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