Portugal Telecom
Portugal Telecom provides telecommunications and multimedia services in Portugal and Brazil. The Company’s wireline services include fixed-line telephone services for retail and wholesale customers, leased lines, interconnection, distribution of programming for television and radio broadcasters, Internet access, data and business solutions, portal and e-commerce services. Its mobile telecommunications services include voice, data and Internet-related services. Portugal Telecom’s multimedia services include cable and satellite television services and television programming, film distribution and screening, newspaper publishing and distribution, radio programming, cable Internet and sales of telecommunications equipment. The Company also has international investments in Brazil, Africa and Asia. During the year ended December 31, 2003, approximately 63% of consolidated revenues were derived from businesses other than Portugal Telecom’s wireline business in Portugal.
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