Altice’s commitment “to Portugal and the investment it is making in the country is reflected in the numbers,” an official source told Lusa this Friday, stressing that the company is ready to communicate with all “stakeholders,” including the government.
Infrastructure Minister João Galamba said on Thursday that he would soon meet with Altice’s executive president (CEO) and new “chairman” and later with the group’s founder to discuss major investments in Portugal.
Contacting Lusa about the matter, an official source from Meo’s owner stated that “Altice’s commitment to Portugal and the investment it is making in the country is reflected in the numbers” and “it is clear that the opportunity to speak with all partners and ‘stakeholders’.” [partes interessadas] – with the government being a particularly important “stakeholder” – as always, total.
The same source reported data illustrating Altice’s commitment to the Portuguese market.
For example, “From 1.7 million homes, we have expanded the fiber network to 6.3 million homes, meaning 85% of homes in the country are equipped with the latest technology, putting Portugal at the forefront of Europe and the world,” he said. notes, referring to the fact that Altie Portugal is “the Portuguese company with the largest investment in research and development.” [investigação & desenvolvimento] (361 million euros over the past five years) and with the largest number of patents registered at the European level.”
In addition, “we have increased Altice Labs’ turnover by five times by exporting products to more than 60 countries and offering Made in Portugal technologies in the four corners of the world to more than 300 million people, with an export volume of 300 million euros”, continued the same source.
Regarding 5G, “we are the operator that covers the most municipalities with this new technology generation, which makes our commitment to being close to the entire national territory tangible”, and in the submarine cable industry, “we have the knowledge and the knowledge”. – how “unique, which made it possible to choose Portugal for the mooring of the main international submarine cables, and not other European countries,” he stressed.
He also recalled that Altice Portugal is the “operator of major national events”, pointing to the most recent of them, World Youth Day (WYD), which took place earlier this month.
“We are also one of the largest employers in the country, and next September we will be welcoming 130 new ‘interns’ from the country’s top universities, a number that has tripled since 2021,” and in terms of operational and financial performance, we are consistently, at nationally, the most solid operator in terms of ‘performance’, and internationally we are ‘Tier 1’ in terms of KPIs,” he said.
That is, “the facts and data mentioned above confirm the level of commitment that we had and maintain in relation to the country, our clients and our employees,” the same source concluded.
On Thursday, the infrastructure minister told reporters that the government “has a meeting scheduled for the moment with the CEO [presidente executiva da Altice Portugal] and “chairman” Altice”, and who will then talk to the major shareholder.
“We’ll talk fast,” he added.
On the sidelines of a visit to the CP workshops in Contumil, Porto, Joao Galamba said the government was concerned about the investment, namely 5G and the “data center” and “not the litigation.”
“At a time of important investment and maintaining this dialogue with all companies, it is important to appreciate the extent of Altice’s commitment, especially in these areas,” he said.
Author: Portuguese
Source: CM Jornal

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