MEO

MEO

https://www.altice.pt/pt
https://www.linkedin.com/company/altice-portugal/

MEO, also known as Altice Portugal, is a privately owned company headquartered in Portugal. It is a subsidiary of Altice International, founded in 2018, and employs approximately 5,460 individuals. The company reported $2.5B in revenue as of 2024. Functioning as a tier 1 media tech buyer, MEO specializes in telecoms. Operating under the MEO brand name, the company offers telecommunications services across Portugal.

2024 Revenue

Founded

2018

Headcount

5,093

Headquarters

Portugal

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

MEO reported its second-quarter revenues at €648 million, marking a 6.8% decrease from the €695 million recorded in the same period last year, a comparison complicated by the earlier sale of a 65% stake in Intelcia. Previously, on April 23, 2026, MEO announced its 2025 revenues increased by 1.3% to €2.8 billion, driven by growth in its consumer segment and electricity supply package. This followed news from April 22, 2026, when parent company Altice Portugal reported a 3.5% decline in its overall 2025 revenue, which totaled EUR 2.81 billion, down from EUR 2.91 billion in 2024. Altice Portugal's fixed residential service revenue rose 12.0% to EUR 871.0 million and consumer equipment revenue increased 2.0% to EUR 156.1 million, while mobile mass market service revenue decreased 4.9% to EUR 480.8 million and business services revenue fell 11.7% to EUR 1.30 billion during that period.

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MEO offers 8 products in the media and telecoms services and media tech industries. MEO's product portfolio comprises of telecoms, media and TV services, connectivity and distribution services and consumer electronics.

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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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Aug

28th

2026

06:30

Financial Results, B2B Tag, Financial Performance

MEO revenues fall to €648 million in 2Q

MEO has posted revenues of €648 million for the second quarter, the company has announced. This represents a 6.8% drop compared to the €695 million reported in the same period last year. However, the company completed the sale of a 65% stake in Intelcia earlier this year, complicating the comparison.

Essential Business

Apr

23rd

2026

18:30

Financial Results, Capital Investment, B2B Tag

MEO revenues up 1.3% to €2.8Bn

Portugal’s telecoms operator MEO enjoyed revenues of €2.8Bn last year, an increase of 1.3% on 2024. The telecommunications operator saw revenues increase due to the consumer segment, which grew 5% driven the company’s the electricity supply package.

Essential Business

Apr

22nd

2026

01:54

Financial Results, B2B Tag

Altice Portugal reports 3.5% revenue drop in 2025

Altice Portugal generated revenue of EUR 2.81 billion in 2025, a 3.5 percent decrease compared to the EUR 2.91 billion recorded for the year ended 31 December 2024. Revenue from fixed residential service increased by 12.0 percent to EUR 871.0 million, while mobile mass market service revenue fell 4.9 percent to EUR 480.8 million. Consumer equipment revenue rose 2.0 percent to EUR 156.1 million, while business services revenue declined by 11.7 percent to EUR 1.30 billion.

Feb

18th

2026

06:00

Capital Investment, Emerging Tech, ESG, B2B Tag

AI Pushes Data Center Boom — Portugal Gains Ground as Emerging Hub

AI is causing the data center industry to grow fast. The amount of data center space should almost double by 2030, going from 103 gigawatts to almost 200. JLL’s Global Data Centers Outlook 2026 says this industry could see about $3 trillion in investments if the real estate market doesn't get too expensive.

Jan

19th

2026

07:00

Capital Investment, B2B Tag

AICEP promotes first business meeting between Dominican Republic and Portugal focused on tourism

[Translated] The first business meeting on Tourism, Trade, and Investment between the Dominican Republic and Portugal took place today in Lisbon, with members of the Caribbean country's government in attendance. This business meeting was attended by AICEP, the Portuguese Business Association, and the Portuguese Chamber of Commerce and Industry (CCIP).

Diário do Distrito

Jan

2nd

2026

07:16

Capital Investment, B2B Tag

Asterion notifies competition authority of Covilhã data centre deal

Asterion Industrial Partners, a European investment firm for infrastructure (telcos, energy, transport), has informed Portugal’s Competition Authority of its acquisition plans for the PT Data Centre in Covilhã, belonging to Altice Portugal. Asterion will pay an expected €120 million for the data centre, a plan it announced in November.

Portugal Resident

Dec

12th

2025

10:23

Concept of Proximity Store in the new MEO Store in Braga

[Translated] MEO has just inaugurated a new MEO Store in Braga, at the Nova Arcada Shopping Center, with a new concept of proximity, without physical barriers between customers and service professionals, and with logistical conditions

MEO Institucional

Dec

6th

2025

11:38

Concept of MEO Proximity Store at the new MEO Store in Sertã

[Translated] MEO has just inaugurated a new MEO Store in Sertã, on Rua Cândido dos Reis, with a new concept of proximity, without physical barriers between customers and professionals, and with logistical conditions oriented towards

MEO Institucional

Dec

4th

2025

18:30

Corporate Restructuring, B2B Tag

EMEA Special Sits Weekly: Drahi Waves Magic Wand to Make Altice International Assets Disappear; Not so Public Bond Reporting; Uni Teach-Outs; Rolled Steel – Celsa Bond Return

Reporting: Chris Haffenden There are decades where nothing happens; and there are weeks where decades happen – Vladimir Ilyich Lenin They say that a week is a long time in politics. After the events at the Altice complex last week, it can now be applied to the Leveraged Finance market too.

Octus Intelligence

Dec

3rd

2025

18:30

Emerging Tech, B2B Tag

Morais Leitão participates in data center acquisition in Covilhã

[Translated] Morais Leitão advised Asterion Industrial Partners, in collaboration with Clifford Chance (Madrid), on the acquisition of the Covilhã Data Center from Altice Portugal for €120 million.The Covilhã Data Center is a data center with

Dec

3rd

2025

10:00

Altice Portugal becomes

Dec

3rd

2025

09:56

Clifford Chance and Morais Leitão on €120M data center acquisition

Clifford Chance has advised Asterion Industrial Partners on its entry into the Portuguese data centre market with the acquisition of the Covilhã data centre from Altice Portugal, a telecommunications perator, for €120 million. For matters relating to Portuguese law, Clifford Chance has had the support of Morais Leitão.

Examples of MEO's suppliers include Samsung Device eXperience, Google and Vistance Networks.

Example Suppliers

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Example Partners

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