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Wireless Federation » archive for 'Portugal Telecom'

Portugal Telecom eyes Mozambican mobile market, awaits for the third licence (Mozambique, Portugal)

  • September 23rd, 2008
  • 5:22 am

The Portugal’s telco, Portugal Telecom is eyeing the mobile market in Mozambique and looking forward for an entry as and when the government decides for the third mobile licence. The operator is in advanced talks with the Mozambican authorities for investment expansion in the country. PT already owns 50% of the country’s main ISP, Teledata, and has a stake in directories publisher LTM. ‘We are negotiating with the government our plans to expand investments in Mozambique, and one of the areas is mobile phone business,’ said PT’s chief executive Zeinal Bava.

   

18 companies to bid for Sotelma (Mali)

  • August 29th, 2008
  • 10:48 am

18 companies have been finalised to bid for the national operator Sotelma. The government increased the price to XOF 200 billion for the incumbent operator, from XOF 80 billion.

Possible bidders include:

  • MTN
  • Vodafone
  • Zain
  • Deutsche Telekom
  • Tunisie Telecom
  • Maroc Telecom
  • Portugal Telecom
  • Saudi Telecom
  • Sudatel

Portugal Telecom chooses Kudelski Group to deploy national network

  • March 11th, 2008
  • 1:38 pm

Portugal Telecom has chosen the full suite of products from the Swiss Kudelski Group for the national roll-out of its hybrid satellite-broadband Pay-TV services to be launched in 2008. The Kudelski Group speciialises in content protection and related digital TV technologies, and will act as the end-to-end system integrator on the project, from headend to set-top-box. The company says its suite of products will enable Portugal Telecom to introduce new SD and HD services on a subscription basis.

The Lysis Content Management System (CMS) will drive the entire content distribution chain and workflow for on-demand content. The Kudelski Group will manage its integration with Portugal Telecom’s backend systems. The Nagravision conditional access system integrated into an end-to-end solution that forms the basis for a next-generation TV service. OpenTV’s HTML execution environment can work across a range of set-top boxes, while the Quative Service Delivery Platform (SDP) provides the foundation for current and future interactive applications.

Pierre Roy, COO of the Kudelski Group said, “Convergence of broadcast and broadband continues to be a clear market trend. The pre-integration of Nagravision, OpenTV, Quative and Lysis products into a full solution suite allows us to help operators remain competitive and provide new services.”

   
 

PT faces fine (Portugal)

  • December 19th, 2007
  • 6:43 am

Portugal Telecom (PT) is facing a fine from the Portuguese competition authority Autoridade da Concorrencia (AdC) for alleged abuse of its dominant position in the fixed line market. The regulator is investigating PT’s offer of discounted line rental charges, Thomson Financial reports citing local newspaper Diario Economico. PT was fined EUR38 million (USD55 million) in August this year for denying cable operator Cabovisao access to its networks.

   

Portugal adds 50,000 broadband users in Q3 (Portugal)

  • December 7th, 2007
  • 7:42 am

The Portuguese market added around 50,000 new broadband subscribers in the third quarter, for a total 1.57 million at the end of September. That’s up 16 percent form a year ago, according to figures from market regulator Anacom. ADSL represents 62 percent of total accesses, while cable was responsible for 37 percent. Around 49 percent of new broadband clients opted for services from alternative providers. Portugal Telecom however remained market leader with 43.9 percent of subscribers, followed by TV Cabo with 22.9 percent, Novis with 14.7 percent, Cabovisao with 10 percent and Oni with 0.6 percent. Broadband penetration at the end of Q3 stood at 14.8 percent.

   

Portugal Telecom agrees to market naked DSL (Portugal)

  • November 23rd, 2007
  • 2:24 pm

Portugal Telecom (PT) has accepted the Anacom’s ‘recommendation’ to make available wholesale broadband services that do not require adhesion to the fixed phone service. Until now, any alternative operator that wanted to sell broadband services via the PT network was forced to sell not only broadband, but also fixed telephony. The operator has now opted to include the ‘Naked DSL’ – the service with only broadband – in its wholesale offer, which will be operational from 01 February 2008.

   

Telecom America (Claro) to invest USD1.1 billion in 2008 (Brazil)

  • October 25th, 2007
  • 1:57 pm

America Movil’s Brazilian mobile unit Telecom America (Claro) plans to invest upwards of BRL2 billion (USD1.1 billion) in its networks and services, reports Reuters quoting the Mexican parent’s boss Carlos Slim. ‘Claro is investing a lot, increasing its capacity, its national presence. Above all now, in the third generation, investments are very important’, he said. Claro held a 24.8% share of the domestic mobile market at the end of September, behind Vivo, a joint venture between Telefonica and Portugal Telecom, and TIM Brasil, Telecom Italia’s Brazilian subsidiary.

   

 

PT to spin-off PT Multimedia on 7 November (Portugal)

  • October 16th, 2007
  • 12:38 pm

Portugal Telecom has announced that the execution of the spin-off of its 58.43 percent holding in its cable subsidiary PT Multimedia (PTM) will be completed on 7 November. In connection with the spin-off, each shareholder will be allotted 0.176067 PT Multimedia shares for every PT share held on 1 November. The number of shares resulting from the application of the spin-off ratio will be rounded down, after calculation of the applicable withholding tax, to the nearest whole share, and a cash amount will be paid for the corresponding difference. For tax purposes, the spin-off is considered a dividend in kind and therefore each PT shareholder will be subject to withholding tax in accordance with applicable legislation and payable in cash. As a result, the cash amount corresponding to the withholding tax applicable to each shareholder will be credited by PT with the financial intermediaries and thereafter forwarded to the Portuguese tax authorities, with PT retaining the corresponding number of PTM shares. As a result of the application of the withholding tax mechanism, PT is expected to retain a shareholding of approximately 7 percent in PTM. PT will have no influence in the management of PTM and expects to dispose of such shareholding as soon as possible. PT or the buyers of such PTM shares from PT assume the commitment not to sell this holding during the six month period following the effective date of the spin-off. Considering the accounting value of PTM as at 30 June, PT’s distributable reserves would be reduced by approximately EUR 350 million.

   

Telefonica to sell PT shares (Portugal)

  • October 3rd, 2007
  • 1:26 pm

Telefonica of Spain is being forced to sell some of its shares in Portugal Telecom (PT) because its holding in the Portuguese company has risen above the maximum level of 10% for any single shareholder. Though Telefonica has not acquired additional shares, PT’s recent share buy-back has boosted the Spanish telco’s interest to 10.96%, Cinco Dias reports. Telefonica says it will sell off shares to take its stake back below the 10% threshold, raising around EUR110 million (USD156 million) in the process.

   

 

 

Sonaecom must wait to make PTM bid (Portugal)

  • October 3rd, 2007
  • 1:15 pm

Sonaecom has been told it must wait until March next year before it can make a takeover bid for Portugal Telecom’s cable TV and media unit, PTM. According to Diario Economico, a clarification of stock market rules has shown that when Sonaecom made a bid for Portugal Telecom earlier this year it was also implying a bid for subsidiary company PTM. Under market regulations, Sonaecom is barred from making another approach for either of these companies for at least twelve months. Portugal Telecom is spinning off PTM and Sonaecom has been linked as a potential buyer.