MEO, also known as Altice Portugal, is a privately owned company headquartered in Portugal. It operates as a subsidiary of Altice International. Founded in 2018, the company employs approximately 5,460 individuals and reported $2.5B in revenue as of 2024, functioning as a tier 1 media tech buyer. The company specializes in telecoms, offering telecommunications services in Portugal.

2024 Revenue

Founded

2018

Headcount

5,455

Headquarters

Portugal

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

Portugal's telecoms operator MEO reported revenues of €2.8 billion last year, an increase of 1.3% on 2024, with the consumer segment driving growth by 5% through an electricity supply package. This followed Altice Portugal's report on April 22, 2026, of a 3.5% revenue decrease in 2025, reaching €2.81 billion compared to €2.91 billion in 2024. In 2025, fixed residential service revenue for Altice Portugal grew 12.0% to €871.0 million, and consumer equipment revenue increased 2.0% to €156.1 million. Conversely, mobile mass market service revenue fell 4.9% to €480.8 million, and business services revenue declined 11.7% to €1.30 billion. Earlier, on January 2, 2026, Asterion Industrial Partners informed Portugal’s Competition Authority of its plans to acquire Altice Portugal's PT Data Centre in Covilhã for an expected €120 million, a proposal first announced in November.

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MEO offers 8 products in the media tech and media and telecoms services industries. MEO's product portfolio comprises of media and TV services, consumer electronics, telecoms and connectivity and distribution services.
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MEO's revenues were over $1B in 2024. Caretta Research has split MEO's revenue into 8 different product categories, the largest of which is enterprise broadband and voice. For full access to MEO's revenue breakdown subscribe to Caretta Portal.
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Examples of MEO's suppliers include Vistance Networks, Samsung Device eXperience and Google.

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