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CTT – Correios de Portugal, S.A. () is a Portuguese company that operates as both the national postal service of
Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...
and a commercial group with subsidiaries operating in
banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becau ...
,
e-commerce E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain managem ...
, and other
postal services The mail or post is a system for physically transporting postcards, letters, and parcels. A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal syst ...
. It was founded in 1520 by King
Manuel I of Portugal Manuel I (; 31 May 146913 December 1521), known as the Fortunate ( pt, O Venturoso), was King of Portugal from 1495 to 1521. A member of the House of Aviz, Manuel was Duke of Beja and Viseu prior to succeeding his cousin, John II of Portuga ...
, during the
Portuguese Renaissance The Portuguese Renaissance refers to the cultural and artistic movement in Portugal during the 15th and 16th centuries. Though the movement coincided with the Spanish and Italian Renaissances, the Portuguese Renaissance was largely separate from o ...
, and CTT is the oldest company still in operation in
Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...
to this day. The acronym ''CTT'' comes from the company’s former name ( pt, Correios, Telégrafos e Telefones, which means " Post, Telegraph and Telephone"), which was also the designation of postal services for the former
Portuguese Colonies The Portuguese Empire ( pt, Império Português), also known as the Portuguese Overseas (''Ultramar Português'') or the Portuguese Colonial Empire (''Império Colonial Português''), was composed of the overseas colonies, factories, and the l ...
and still for CTT – Post of Macau today. In 1991, CTT became a
public limited company A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be fre ...
, and in December 2013 its shares were listed on
Euronext Lisbon Euronext Lisbon is a stock exchange in Lisbon, Portugal. It is part of Euronext pan-European exchange. Euronext Lisbon trades equities, public and private bonds, participation bonds, warrants, corporate warrants, investment trust units, and exc ...
. In 2007, CTT began to offer a mobile phone service in
Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...
, under the brand name Phone-ix. Phone-ix was closed down on 1 January 2019. In 2014, CTT was privatized by the
Portuguese government , border = Central , image = , caption = , date = , state = Portuguese Republic , address = Official Residence of the Prime Minister Estrela, Lisbon , appointed = President ...
to raise money and comply with
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been de ...
requirements for its
bailout A bailout is the provision of financial help to a corporation or country which otherwise would be on the brink of bankruptcy. A bailout differs from the term ''bail-in'' (coined in 2010) under which the bondholders or depositors of global sys ...
. In the previous year, 70% of the CTT shares had already been tendered. Its current and longest-running visual identity (that were introduced on 4 October 2004) were receiving subsequent redesigns in July 2015 and March 2020, but its logo (the current one that were introduced on 4 October 2004) remains virtually unchanged.


History

* 1520: King
Manuel I Manuel I may refer to: * Manuel I Komnenos, Byzantine emperor (1143–1180) *Manuel I of Trebizond, Emperor of Trebizond (1228–1263) *Manuel I of Portugal Manuel I (; 31 May 146913 December 1521), known as the Fortunate ( pt, O Venturoso), wa ...
creates the public mail service of Portugal, the ''Correio Público''—Public Post Office. * 1533: The first postal service regulations in Portugal. * 1753: The first financial mail regulations in Portugal. * 1821: The beginning of house-to-house mail delivery in Portugal. * 1880: The fusion of the Post Office and the Telegraphs Department into a single service, the Department of Posts, Telegraphs and Lighthouses—''Direcção-Geral de Correios, Telégraphos e Faróis''. * 1911: the department received administrative and financial autonomy from the Portuguese State and became the General Administration of Posts, Telegraphs and Telephones—''Administração-Geral dos Correios, Telégrafos e Telefones''—adopting the CTT acronym which was kept until today, even after several changes of its official name. * 1953: CTT adopts the horse rider logo. The logo represents an ancient
postman A mail carrier, mailman, mailwoman, postal carrier, postman, postwoman, or letter carrier (in American English), sometimes colloquially known as a postie (in Australia, Canada, New Zealand, and the United Kingdom), is an employee of a post ...
rider of the CTT, announcing his arrival with a bugle. The logo was redesigned three times, most recently in 2004. * 1969: CTT becomes a State Company, adopting the name ''CTT Correios e Telecomunicações de Portugal''—CTT Posts and Telecommunications of Portugal. * 1992: the
telecommunication Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...
s service is separated from the CTT, becoming an autonomous company. At the same time, CTT becomes a
public limited company A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be fre ...
(with all shares owned by the Portuguese government), adopting the name ''CTT Correios de Portugal''—CTT Posts of Portugal. * 30 November 2007: CTT launches Phone-ix, a mobile virtual network operator (MVNO) operating on the MEO network. * 2014: the CTT becomes an entirely private company. * 1 January 2019: CTT closes down Phone-ix.


The CTT group

The CTT group includes the following subsidiaries: *CTT Correios: national and international regular mail delivering company; *CTT Expresso: national and international express mail service; *Mailtec: management and information systems research & development company; *PostContacto: non addressed mail delivering company; *Campos Envelopagem: direct marketing and editorial mail company; *PayShop: utility services pay net service; *Phone-ix: mobile communications operator; *Tourline Express: express mail service (
Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...
).


Gallery

File:CTT Expresso logo.png, CTT Expresso File:PayShop logo.png, PayShop File:Phone-ix logo.png, Phone-ix Veiculo ctt.jpg, A CTT mail delivery vehicle Buzones de Correos, Plaza 8 de Mayo, Coímbra, Portugal, 2012-05-10, DD 02.JPG, CTT traditional mail boxes for normal mail (red) and priority mail (blue) Ctt santarém.jpg, A CTT local post office


See also

*
Postal Union of the Americas, Spain and Portugal The Postal Union of the Americas, Spain and Portugal (; pt, União Postal das Américas, Espanha e Portugal; UPAEP) is a regional association of the postal authorities in Latin America, the Caribbean, the United States, Canada, Spain, and Portug ...


External links


CTT
official website


References

{{Authority control Postal system of Portugal
Port A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as H ...
Communications in Portugal Companies established in the 16th century Organizations established in the 1520s 1520 establishments in Portugal Companies based in Lisbon