Portugal Telecom extends Meo brand in quad-play drive

Portugal Telecom has decided to rebrand all its consumer services, including mobile, under the Meo brand that is already used for its fixed-line offerings. The move means the ending of the TMN brand for mobile services and the establishment of Meo as the company’s quad-play brand. Portugal Telecom said Meo was now established as a […]

Virgin Media signs up as UK ISP partner for PlayStation 4

Virgin Media is teaming up with Sony as the UK internet service provider (ISP) partner for PlayStation 4, which Sony announced yesterday would launch globally in November.  Sony said that alongside Virgin Media, it was introducing “VIP broadband” for the PS4 with a selection of other European partners, including Deutche Telekom in Germany, Orange in France, ONO in Spain and MEO in […]

Analysts welcome Portugal Telecom dividend cut and refinancing

Moody’s has welcomed Portugal Telecom’s decision to cut its dividend to shareholders by half and an extension of its refinancing agreement. The ratings agency said that both moves by the telco, which operates the Meo IPTV service, alleviate financial risk and support its effort to reduce debt. “Moody’s notes that the dividend cut and refinancing […]

PT claims third of Portuguese pay TV market

Portugal Telecom (PT) had 919,000 pay TV customers at the end of June.   The company said it had added 89,000 pay TV customers over the six months. PT claimed a 32% share of the country’s pay TV market for its Meo offering at the end of June. PT also said it passed one million […]

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