Altice Portugal

Altice Portugal S.A.

Company type	Subsidiary
Industry	Telecommunications
Founded	1994; 31 years ago (1994) (as Portugal Telecom) 2018; 7 years ago (2018) (as Altice Portugal)
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]
Operating income	€1.053 billion (2014)[2]
Net income	€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	8657
Peering policy	Open
Website	Altice 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^[3] in 2015 per request of Oi SA to reduce debt.^[4] 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.^[5][6]