NOS (Portuguese media company)

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Type Sociedade Anónima
Traded as EuronextZONOP
Industry Telecommunications, media
Founded 1994 (as PT Multimédia)
2007 (spin-off from Portugal Telecom)
2013 (merger with Optimus Telecomunicações)
2014 (as NOS)
Headquarters Lisbon, Portugal
Key people Miguel Almeida (CEO)
Isabel dos Santos
(non-executive administrator)
Revenue 872.3 million (2010)[1]
Operating income €82.3 million (2010)[1]
Profit €35.4 million (2010)[1]
Total assets €1.651 billion (end 2010)[1]
Total equity €250.2 million (end 2010)[1]
Employees 1,620 (average, 2010)[1]
Subsidiaries NOS Comunicações (100%), NOS Audiovisuais (100%), NOS Cinemas (100%), Sport TV (50%), Dreamia (50%) and ZAP (30%)

NOS is a Portuguese media holding company whose main assets include a satellite, cable operator and ISP, a mobile phone operator, a movie distributor (ZON Lusomundo) and a virtual carrier of mobile phone services. Its services include cable television, cable internet and VOIP. NOS (formerly PT Multimédia, ZON Multimédia and ZON Optimus) is the spun-off media arm of Portugal Telecom. ZON Optimus produces several premium channels for the ZON TV platform, which include SportTV (joint-venture with Controlinveste) and TVCine. NOS Audiovisuais (formerly ZON Lusomundo) is also the home-video distributor of Walt Disney Pictures, Warner Bros., DreamWorks and Paramount Pictures releases in the Portuguese market, alongside of launching several independent and European titles.


NOS was founded as TVCabo in 1994, and was the second cable operator to be founded in Portugal (the first was the regional Cabo TV Madeirense, which was founded in 1992).


On 17 January 2008, ZON announced it would acquire TVTEL, its main competitor in both cable and satellite broadcasting in Porto region. Thus, ZON is strengthening its position due to the appearance of a new significant rival, MEO from Portugal Telecom, using IPTV and satellite broadcasting systems, and there remains one other more cable television and internet operator in Portugal, Cabovisão.




Benfica TV is available in ZON's offer since 1 July 2013.

In 2013, it was approved the merger with Optimus (which also includes Optimus Clix, Optimus Kanguru, Optimus Tag, Smart and WTF) and the company was renamed to ZON Optimus.

In May 2014, the two brands ZON and Optimus were merged into one single brand, called NOS.

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