SAO PAULO (Reuters) - Brazilian telecommunications company Oi SA said on Monday it supported a decision by shareholders of merger partner Portugal Telecom SGPS SA (>> PORTUGAL TELECOM) to postpone a shareholder assembly to approve a 7.4 billion euro (5.8 billion pounds) asset sale.

Oi said in an emailed statement that it supported the decision to delay a vote on the deal with telecom group Altice SA (>> ALTICE) in order to provide more information requested by Portuguese securities regulator CMVM.

(Reporting by Brad Haynes; Editing by David Gregorio)

Stocks treated in this article : PORTUGAL TELECOM, ALTICE