CB/A

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to file this Form:

(Name, Address (including zip code) and Telephone Number (including area code)

of Person(s) Authorized to Receive Notices and Communications on Behalf of Subject Company)

A legend complying with Rule 802(b) under the U.S. Securities Act of 1933, as amended, is included in each of Exhibits 1.1, 1.2, 1.3, 1.4, 1.5, 1.6, 1.7, 1.8, 1.9, 1.10, 1.11 and 1.12.

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


PT PORTUGAL, SGPS, S.A.

By:		/s/ Marco Norci Schroeder
Name:		Marco Norci Schroeder
Title:		Vice President

By:		/s/ Flavio Nicolay Guimarães
Name:		Flavio Nicolay Guimarães
Title:		Administrator

Date:		May 20, 2015

OI S.A.

By:		/s/ Jason Santos Inacio
Name:		Jason Santos Inacio
Title:		Director

By:		/s/ Eurico de Jesus Teles Neto
Name:		Eurico de Jesus Teles Neto
Title:		Director

Date: May 20, 2015


Securities Act Rule 801 (Rights Offering)		¨
Securities Act Rule 802 (Exchange Offer)		x
Exchange Act Rule 13e-4(h)(8) (Issuer Tender Offer)		¨
Exchange Act Rule 14d-1(c) (Third Party Tender Offer)		¨
Exchange Act Rule 14e-2(d) (Subject Company Response)		¨

Filed or submitted in paper if permitted by Regulation S-T Rule 101(b)(8)		¨


Exhibit Number		Description of Document

1.1		Consent Solicitation Memorandum (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB on April 10, 2015).

1.2		Notice of Meeting (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB on April 10, 2015).

1.3		Press release, dated April 9, 2015 (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB on April 10, 2015).

1.4		Notice published on Bloomberg on April 9, 2015(previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB on April 10, 2015).

1.5		Announcement, dated April 9, 2015 (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB on April 10, 2015).

1.6		Investors Presentation, dated April 9, 2015 — “PT PORTUGAL, SGPS, S.A. EUR 400,000,000 6.25% NOTES DUE 2016 CONSENT SOLICITATION — (ISIN PTPTCYOM0008) — APRIL 9, 2015” (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB on April 10, 2015).

1.7		Consent Solicitation – Frequently Asked Questions (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB on April 10, 2015).

1.8		Consent Solicitation – Frequently Asked Questions (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB/A on April 15, 2015).

1.9		Notice of Adjourned Meeting (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB/A on May 5, 2015).

1.10		Consent Solicitation — Frequently Asked Questions —Updated Version (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB/A on May 5, 2015).

1.11		Announcement of Results of Adjourned Meeting, dated May 19, 2015.

1.12		Press release, dated May 19, 2015.


Exhibit Number		Description of Document

2.1		Form of Ninth Supplemental Trust Deed further modifying and restating the provisions of the Trust Deed dated December 17, 1998, relating to a €7,500,000,000 Euro Medium Term Note Programme (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB/A on April 15, 2015).

2.2		Terms and Conditions of the Notes (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB/A on April 15, 2015).

2.3		Form of Supplemental Agency Agreement in respect of a €7,500,000,000 Euro Medium Term Note Programme (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB/A on April 15, 2015).

2.4		Form of Interbolsa Instrument relating to a €7,500,000,000 Euro Medium Term Note Programme (previously furnished to the Securities and Exchange Commission as an Exhibit to Form CB/A on April 15, 2015).