AR Telecom looks overseas for expansion

9 Jul 2008

The Portuguese telco AR Telecom is cutting back its plans for domestic expansion and is instead focusing on its international operations. A report from local newspaper Diario Economico says AR Telecom intends to spend EUR340 million (USD533 million) outside Portugal in 2008 while just EUR20 million will be invested in its domestic operations. A plan to achieve nationwide coverage in Portugal has been scrapped, with Brazil and Greece now the focus of its efforts. AR Telecom’s chairman, Joao Pereira Countinho, told reporters that the decision to halt its expansion in Portugal came as a result of the separation of Portugal Telecom and its former cable TV arm PT Multimedia (now renamed Zon Multimedia), which between them control the bulk of Portugal’s market for triple-play high speed internet, telephony and TV services. AR Telecom claimed 108,000 subscribers at the end of 2007.

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share