NOS (company)
| NOS
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | PTZON0AM0006 |
| founding | 1994 (as PT Multimédia), 2007 (subsidiary of Portugal Telecom), 2013 (merger with Optimus), 2014 (NOS) |
| Seat |
 Portugal , Lisbon
|
| management | Miguel Almeida ( CEO ) |
| Number of employees | 2,503 |
| sales | 1.444 |
| Branch | Telecommunications, media |
| Website | www.nos.pt |
| As of December 31, 2015 | |
NOS is the name of a Portuguese media company . It offers cellular , satellite , cable television and ISP . NOS emerged from ZON Optimus in 2014 and is listed in PSI 20 .
Summary
A reorganization of Portugal Telecom in 1996 led to the definition of different areas: Fixed line telephony , mobile network , cable television as well as multimedia, companies, international activities, innovation and information systems . This should guarantee growth, profitability and monopoly in the fixed network. So PT Multimedia was born. The company owned roughly 69 percent of the market for pay TV , be it cable or satellite, which gave access to over 100 channels on cable TV in Portugal.
In autumn 2007, the process of separation between Portugal Telecom and PT Multimedia was completed with the creation of TV Cabo Portugal and PT Comunicações as future competitors. As a result of the spin-off, the telecommunications company Meo -Serviços de Comunicações e Multimédia SA was founded in 2007 , and TV Cabo was renamed ZON Multimedia in 2008 .
In 2013, the merger of ZON Multimédia and Optimus to form ZON Optimus was announced. The agreement provided for an increase in ZON's share capital. Taken together, ZON and Optimus achieved sales of more than 1.6 billion euros and a market share of 26 percent.
Since 2014 the company has sponsored the Primeira Liga , the highest Portuguese soccer league.
Rebranding
Since May 16, 2014, the former ZON Optimus has been called NOS as a result of the merger of the two companies. NOS intends to invest more than 1 billion euros in cable TV services, internet, landline and mobile, and cinemas by 2019. [outdated]
Activities in Africa
In Angola , TV Cabo Portugal first began building a network in 2002, with marketing services in 2005. The company, now active as ZON Multimédia, currently maintains a modern infrastructure in the capital Luanda and is network TV and cable -Internet operator. The expansion of the network extends to the capital Luanda as well as to Benguela and Lobito , where a network based entirely on the latest fiber optic technology has been installed.
In a joint venture with the Angolan businesswoman Isabel dos Santos , eldest daughter of the President, the Portuguese ZON Multimédia ZAP is launching a satellite-based pay-TV program in Angola. 30 percent of the business will remain with ZON, while Isabel dos Santos holds the remaining 70 percent through SOCIP - Sociedade de Investimentos e Participações, SA, an Angolan investment and holding company.
Individual evidence
- ↑ Administração
- ↑ a b Annual Report 2015
- ↑ http://www.zonoptimus.pt/institucional/EN/Pages/Home.aspx
- ↑ RP ONLINE: Headwind for Portugal Telecom: New telecommunications giant is emerging in Portugal. Retrieved June 23, 2019 .
- ^ RTP, Rádio e Televisão de Portugal- RTP: Fusão da Zon e Optimus cria nova Marca "NOS". Retrieved June 23, 2019 (Portuguese).
- ↑ Jornal Económico on participation in ZAP (Portuguese)
- ↑ Portuguese Zon Multimédia signs partnership with Angola's President daughter to set up local telecoms operation | Balancing Act - Africa. Retrieved June 23, 2019 .
- ^ ZON Multimédia to offer satellite Pay TV in Angola. Retrieved June 23, 2019 (UK English).