Altice Portugal

Altice Portugal S.A.
Company typeSubsidiary
IndustryTelecommunications
Founded
  • 1994; 30 years ago (1994) (as Portugal Telecom)
  • 2018; 6 years ago (2018) (as Altice Portugal)
HeadquartersLisbon, Portugal
Key people
Ana Figueiredo (CEO)[1]
ProductsFixedline & Mobile Telephony
Fixedline & Mobile Internet
Digital Television
IT Services
Revenue€2.718 billion (2014)[2]
€1.053 billion (2014)[2]
€384.0 million (2014)[2]
Total assets€7.400 billion (end 2014)[2]
Total equity€1.650 billion (end 2014)[2]
Number of employees
10,701 (end 2014)[2]
ParentAltice
ASN
Peering policyOpen
Websitetelecom.pt

Altice Portugal S.A. (formerly known as Portugal Telecom or PT) is the largest telecommunications service provider in Portugal. Since 2 June 2015 the company has been a wholly owned subsidiary of Altice, a multinational cable and telecommunications company with a presence in France, Israel, Belgium, Luxembourg, Portugal, French West Indies/Indian Ocean Area, the Dominican Republic, and Switzerland. The assets in Portugal were sold to Altice[3] in 2015 per request of Oi SA to reduce debt.[4] The African assets were mostly sold for the same reason. Portugal Telecom, SGPS SA was split in separate companies: PT Portugal (now Altice Portugal) and Pharol (formerly PT SGPS), which owns a 27.5% stake in Oi.[5][6]

  1. ^ "Altice Portugal muda de liderança. Alexandre Fonseca vai para cargo internacional". observador.pt. Retrieved 31 March 2024.
  2. ^ a b c d e f "Consolidated Report 2014" (PDF). PT Portugal. Archived from the original (PDF) on 9 May 2015. Retrieved 30 July 2014.
  3. ^ [ISIN: LU1014539529]
  4. ^ [ISIN: BROIBRACNOR1]
  5. ^ Kowsmann, Patricia (22 January 2015). "Portugal Telecom Holders Approve Sale of Portuguese Operations to Altice". Retrieved 11 April 2018 – via www.wsj.com.
  6. ^ "Today's Stock Market News and Analysis from Nasdaq.com". NASDAQ.com. Retrieved 11 April 2018.