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)
ProductsFixedline & Mobile Telephony
Fixedline & Mobile Internet
Digital Television
IT Services
Revenue2.718 billion (2014)
€1.053 billion (2014)
€384.0 million (2014)
Total assets€7.400 billion (end 2014)
Total equity€1.650 billion (end 2014)
Number of employees
10,701 (end 2014)
ParentAltice
ASN
Peering policyOpen
WebsiteAltice Portugal

Altice Portugal S.A. (formerly known as PT Portugal) 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. It currently owns the MEO, Moche and SAPO brands.

The assets in Portugal were sold to Altice in 2015 per request of Oi SA to reduce debt. The African assets were mostly sold for the same reason.

The business group formerly called Portugal Telecom, SGPS, SA was divided into PT Portugal SGPS, SA - a company with assets such as MEO - and PT SGPS, a financial holding company with 25.6% of Oi and with a risk investment valued at approximately 900 million euros - which after May 29, 2015 is called Pharol, with headquarters in Amoreiras Plaza.