Altice Portugal

Altice Portugal S.A.
Company typeSubsidiary
IndustryTelecommunications
Founded
  • 1994 (1994) (as Portugal Telecom)
  • 2018 (2018) (as Altice Portugal)
HeadquartersLisbon, Portugal
Key people
Ana Figueiredo (CEO)[1]
ProductsFixedline & Mobile Telephony
Fixedline & Mobile Internet
Digital Television
IT Services
Revenue2.718 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 June 2, 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.

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