|
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 in 2015 per request of Oi SA to reduce debt. 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. History The first telephone experiments in Portug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radiotelegraphy
Wireless telegraphy or radiotelegraphy is the transmission of text messages by radio waves, analogous to electrical telegraphy using cables. Before about 1910, the term ''wireless telegraphy'' was also used for other experimental technologies for transmitting telegraph signals without wires. In radiotelegraphy, information is transmitted by pulses of radio waves of two different lengths called "dots" and "dashes", which spell out text messages, usually in Morse code. In a manual system, the sending operator taps on a switch called a telegraph key which turns the transmitter on and off, producing the pulses of radio waves. At the receiver the pulses are audible in the receiver's speaker as beeps, which are translated back to text by an operator who knows Morse code. Radiotelegraphy was the first means of radio communication. The first practical radio transmitters and receivers invented in 1894–1895 by Guglielmo Marconi used radiotelegraphy. It continued to be the only type ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informally known as "commissioners") corresponding to two thirds of the number of Member state of the European Union, member states, unless the European Council, acting unanimously, decides to alter this number. The current number of commissioners is 27, including the president. It includes an administrative body of about 32,000 European civil servants. The commission is divided into departments known as Directorate-General, Directorates-General (DGs) that can be likened to departments or Ministry (government department), ministries each headed by a director-general who is responsible to a commissioner. Currently, there is one member per European Union member state, member state, but members are bound by their oath of office to represent the genera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
José Berardo
José Manuel Rodrigues "Joe" Berardo GCIH, ComIH (born 4 July 1944), is a Portuguese and South African businessman, investor, and art collector. According to Portuguese magazine '' Exame'', he had an estimated net worth of €598 million in 2010, making him one of the wealthiest people in Portugal at the time. Starting around the 2010–2014 Portuguese financial crisis when both the Portuguese Republic finances and banking system collapsed, he has been involved in several controversies and legal issues which have led to the arrestment of his bank accounts, his companies' assets and himself due to ongoing legal investigations. Life Early life Berardo was born in 1944 at Santa Luzia, Funchal, Madeira, Portugal, the son of Manuel Berardo Gomes and Ana Rodrigues. Berardo left school when he was 13 years old and got a low-ranked job in the winery sector of Madeira wine. At the age of 18, he emigrated to South Africa where he worked in horticulture distribution and eventually set ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belmiro De Azevedo
Belmiro Mendes de Azevedo (17 February 1938 – 29 November 2017) was a Portuguese entrepreneur, ranked by Forbes as the 605th richest person in the world (2008), and 3rd richest in Portugal, with an estimated wealth of US$ 2 billion. He owned a controlling stake in Sonae SGPS, one of the largest business groups in Portugal, which also operates in Spain, Greece, Germany, Italy, Turkey and Brazil. Sonae is a Portuguese leader in real estate and retailing and also has investments in telecommunications, tourism, venture capital, and the media. In 2006, Sonae launched an unsuccessful hostile bid to control Portugal Telecom (PT), the number one Portuguese telecommunications operator. Azevedo, a carpenter and tailor's son from Marco de Canaveses, earned a degree in chemical engineering from the University of Porto and an MBA from Harvard University. Azevedo's shares were acquired to the estate of late banker Afonso Pinto de Magalhães who, through his bank Banco Pinto de Magalhães ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offer. It can also include shares in the new company. Takeover types Friendly takeover A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In a private company, because the shareholders and the board are usually the same people or closely connected with on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonae
Sonae is a multinational business group headquartered in Maia, Portugal. It operates in 90 countries, working in various sectors, among which retail (food, electronics, and fashion), real estate, media and telecommunications, technology investments, and financial services stand out. It is the largest private employer in Portugal, with a total of 48,222 employees. On February 17, 2022, the company's CEO, Cláudia Azevedo, announced a restructuring of the company's image and its respective subsidiaries. Sonae is listed on the Euronext PSI-20 in Lisbon, with the code SON. History Sonae was founded in 1959 by the entrepreneur, banker and patron from Arouca, Portugal, Arouca, Afonso Pinto de Magalhães. The business group originated from the Sociedade Nacional de Estratificados, an industrial company operating in the area of processed wood, more specifically, in the production of decorative high-pressure laminated panels. During the first two decades of existence, Sonae remained a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portugal Telecom Lisboa
Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it shares the longest uninterrupted border in the European Union; to the south and the west is the North Atlantic Ocean; and to the west and southwest lie the Macaronesian archipelagos of the Azores and Madeira, which are the two autonomous regions of Portugal. Lisbon is the capital and largest city, followed by Porto, which is the only other metropolitan area. The western Iberian Peninsula has been continuously inhabited since prehistoric times, with the earliest signs of settlement dating to 5500 BC. Celtic and Iberian peoples arrived in the first millennium BC. The region came under Roman control in the second century BC. A succession of Germanic peoples and the Alans ruled from the fifth to eighth centuries AD. Muslims invaded mainland Portugal in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telefónica
, S.A. () is a Spanish multinational telecommunications company with registered office and headquarters located in two different places, both in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadband, and subscription television, operating in Europe and the Americas. As well as the brand, it also trades as Movistar, O2, and Vivo. The company is a component of the Euro Stoxx 50 stock market index. On 15 April 2012, Telefónica shut down TVA and Ajacto, which unified the brand into Vivo. History The company was created in Madrid in 1924 as Compañía Telefónica Nacional de España (CTNE) with ITT as one of its major shareholders. In 1945, the state acquired by law a share of 79.6% of the company. This stake was diluted by a capital increase in 1967. Until the liberalization of the telecom market in 1997, Telefónica was the only telephone operator in Spain. It still h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek language, Greek and ) is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic Competition (economics), competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge Monopoly price, overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market). A monopoly may als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Televisão Independente
TVI - initialism for Televisão Independente ("Independent Television") - is Portugal's fourth terrestrial television channel, launched in 1993. It was the most watched channel in Portugal from 2005 to 2019, and again in 2024. It competes directly with Sociedade Independente de Comunicação, SIC and RTP1. It is one of the two private free-to-air channels in Portugal, among the seven Digital terrestrial television, terrestrial free-to-air channels broadcasting from the country. History Plans for a television channel for the Church The Catholic Church of Portugal demanded the end of the television monopoly in Portugal and wanted its channel as far back as the early 80s. At the time, there were only two television channels, RTP1 and RTP2, both owned by the state. In October 1981, Cardinal Patriarch of Lisbon António Ribeiro demanded the government to authorize the creation of an exclusive television channel for the church, under Article 41-4 of the Constitution of the Portuguese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sociedade Independente De Comunicação
SIC (acronym of full name Sociedade Independente de Comunicação) ("Independent Communication Society") is a Portuguese television network and media company, which runs several television channels. Their flagship channel is the eponymous SIC, the third terrestrial television station in Portugal, launched on 6 October 1992. SIC is owned by Grupo Impresa, a Portuguese media conglomerate. It is one of the two private free-to-air channels in Portugal, among the seven terrestrial free-to-air channels broadcasting from the country. It was the most-watched channel in Portugal from 1995 to 2005, and again from 2019 to 2023. History Early plans for a third channel; development of the private TV licenses Plans for a third television channel were enacted as far back as January 1983, where it was initially suggested that the channel would be a cultural and educational service to fill in the gaps in the country's deficient educational system. By April, it was revealed that the channel was s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
