Cogeco eyeing PT Multimedia, says report

LISBON - Cogeco Cable may be looking to dramatically expand its Portuguese operations by purchasing the piece of the country's main telecom company which owns the largest cable operator there, according to a newspaper report this week.Cogeco already owns Cabovisao, the second-largest cable company in the country (approx. 280,000 basic subs) and a business newspaper there called Diario Economico said the Canadian company's executives have met with Portugal Telecom to inquire about purchasing PT Multimedia. According to U.K. investors' web site Hoovers, PT Multimedia holds a number of assets for its parent company, Portugal Telecom. "TV Cabo offers pay-TV services,...