Meo


Pay TV continues to grow in Portugal, driven by FTTH

Pay TV is continuing to grow in Portugal, which saw a 4.1% rise in subscriber numbers in the year to March, taking total pay TV penetration to 89%. Numbers grew by 160,000 over the year to reach 4.1 million, according to statistics compiled by regulator ANACOM. Growth was primarily driven by bundled offerings over fibre-to-the-home […]

Altice Europe turns in solid Q1 performance

Altice Europe has turned in what founder Patrick Drahi was able to describe as “a solid performance…against this challenging backdrop” in the quarter to March. The company saw its revenues grow by 3.6% or 3.1% on a constant currency basis to €3.5 billion. EBITDA was up by 1% to €1.3 billion. Revenue was up in […]

Altice Europe unveils new Portuguese fibre wholesaler

Altice Europe has unveiled the creation of Fastfiber, the fibre wholesale outfit for Portugal formerly known as Altice Portugal FTTH. The launch of the newly branded company follows the December 2019 acquisition by Morgan Stanley Infrastructure Partners’ of a 49.99% stake in the fibre unit. Altice says that Fastfiber is by far the largest FTTH […]

ViacomCBS extends Nickelodeon reach with Meo and Vodafone deals

ViacomCBS Networks International has struck new distribution agreements with Meo and Vodafone in Portugal to extend the reach of Nickelodeon and other ViacomCBS brands, as well as SVOD services, to more viewers across their respective platforms.  The agreements will bring Nickelodeon content to the platforms for the first time, enabling subscribers to view shows including SpongeBob SquarePants and Henry Danger. The newly added Nickelodeon linear channel, […]

Altice expects to ‘remain resilient’ after exceeding 2019 expectations

Service provider Altice Europe expects its cash-flow to “remain resilient” in the face of the Coronavirus pandemic after it ended 2019 on a high with revenue for the full year growing by 11.2% to €4.042 billion, an improvement on the 6.9% growth recorded in 2018. The company said its performance exceeded guidance it had given. […]

Over half of Portuguese broadband now fibre

Over half of Portuguese fixed broadband connections were via fibre by the end of 2019, according to data released by telecom regulator ANACOM. According to the watchdog’s statistics, 50.6% of fixed broadband connections were fibre at the end of last year, compared with 45.2% a year earlier. The number of connected lines increased by 297,000 […]

Portuguese regulator suspends 700MHz clearance on Coronavirus fears

Portuguese telecom regulator ANACOM has suspended the migration of the country’s digital-terrestrial network to make way for 5G telecom service over the Coronavirus threat. The move comes after consultation between the regulator and telecom operator Meo, which is responsible for the technical implementation of the migration of the service, clearing the 700MHz band to make […]

Altice Europe sells Portuguese tower stake to Cellnex for €200m

Cable and telecom giant Altice Europe’s Portuguese unit Meo has sold its 25% stake in cellular tower company Omtel to Cellnex for €200 million as the first step in the independent Spanish tower company taking complete control of Omtel. Altice sold a majority stake in Omtel to a consortium led by Morgan Stanley Infrastructure Partners […]

Altice Europe creates continent’s first nationwide fibre wholesaler in Portugal

Altice Europe’s Portugese subsidiary MEO has signed a deal with Morgan Stanley Infrastructure Partners to create what it says will be the first nationwide fibre wholesaler in Europe. To facilitate the deal, MEO will sell a minority equity stake of 49.99% in Altice Portugal FTTH, based on a value of €4.63 billion.  Altice Portugal FTTH […]

Altice Europe turns in better-than-expected Q3

Altice Europe has turned in better than expected results for the third quarter, with revenue up by 6.9% and adjusted EBITDA rising by 8.8% on the back of an improved performance at Altice France.  Altice France grew its residential base by 41,000 customers, with its fibre customer base increasing by 59,000 taking fibre penetration to […]

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