| Portugal Telecom, SGPS, SA is a holding company that, through its subsidiaries, is engaged in providing a range of telecommunications and multimedia services in Portugal and other countries, including Brazil. The Company provides wireline services, which include fixed-line telephone services for residential and non-residential customers, leased lines, unbundled local loop access and wholesale line rental, interconnection, Internet access, data and business solutions, portal and e-commerce services through its subsidiaries, in particular PT Comunicacoes, S.A.. It offers mobile telecommunications services, such as voice, data and Internet-related services in Portugal through its subsidiary, TMN-Telecomunicacoes Movies Nacionais, S.A. (TMN) and in Brazil through its 50%-owned joint venture, Vivo Participacoes S.A. (Vivo). It operates through three business segments: Wireline (including Retail, Wholesale and Data and Corporate), Domestic Mobile (TMN) and Brazilian Mobile (Vivo). |
