Company type | Subsidiary |
---|---|
Industry | Telecommunications |
Founded |
|
Headquarters | Lisbon, Portugal |
Key people | Ana Figueiredo (CEO)[1] |
Products | Fixedline & 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] |
Parent | Altice |
ASN | |
Peering policy | Open |
Website | telecom.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]