Madrid, October 03, 2013 -- Moody's Investors Service has today placed on review for upgrade the Ba2 corporate family rating (CFR), the Ba2-PD probability of default rating (PDR) and the Ba2 senior unsecured long-term debt ratings of Portugal Telecom SGPS, S.A. Concurrently, Moody's has placed on review for upgrade the Ba2 ratings of Portugal Telecom's fully owned subsidiary, Portugal Telecom International Finance B.V. ("PTIF").
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