Altice Portugal
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 in 2015 per request of Oi SA to reduce debt. 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.
Company type | Subsidiary |
---|---|
Industry | Telecommunications |
Founded |
|
Headquarters | Lisbon, Portugal |
Key people | Alexandre Fonseca (CEO) |
Products | Fixedline & Mobile Telephony Fixedline & Mobile Internet Digital Television IT Services |
Revenue | €2.718 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) |
Parent | Altice |
ASN | |
Peering policy | Open |
Website | telecom.pt |
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