Portugal Telecom (PT -2.6%) falls after JPMorgan downgrades shares to Underweight. Like other...

|About: Portugal Telecom SGPS SA (PT)|By:, SA News Editor

Portugal Telecom (PT -2.6%) falls after JPMorgan downgrades shares to Underweight. Like other peripheral eurozone telcos, weak mobile services demand and huge debt obligations have been weighing on PT.