| Business Summary | | Portugal
Telecom,
SGPS,
S.A.,
formerly
known
as
Portugal
Telecom,
S.A.,
is
a
telecommunications
operator
in
Portugal,
providing
domestic
and
international
public
switched
fixed
telephone
services.
In
addition,
the
Company
derives
an
increasing
share
of
its
revenues
from
high-growth
areas
of
new
telecommunications
services.
These
are
primarily
cellular
telephone
services,
multimedia
services
such
as
cable
and
satellite
television
and
Internet
services.
The
Company
also
has
interests
in
telecommunications
operators
and
service
providers
in
Brazil,
Macau
and
Africa.
The
Company
currently
divides
its
business
into
three
categories:
wireline,
cellular
multimedia
and
international. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Portugal
Telecom,
SGPS,
S.A.
is
the
sole
provider
of
domestic
and
international
public
switched
fixed
telephone
services
in
Portugal.
PT
also
provides
cellular
telephone
services,
cable
television
and
multimedia
services.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
62%
to
PTE1.032T.
Net
income
according
to
US
GAAP
fell
92%
to
PTE8.89
billion.
Revenues
reflect
increased
cellular
and
multimedia
services.
Earnings
were
partially
offset
by
unfavorable
U.S.
GAAP
adjustments. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Francisco Luis Muteira Nabo, 61 | Chairman | Iriate Araujo Esteves, 50 | CEO
of TMN |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|