Portugal Telecom was a major telecommunications company in Portugal, providing a range of services including fixed-line and mobile telephony, internet, and television. Founded in 1994, it played a significant role in the development of the country's telecommunications infrastructure. In 2015, Portugal Telecom merged with Altice, a multinational telecommunications company, to enhance its service offerings and expand its market presence. The merger aimed to improve competitiveness and innovation in the rapidly evolving telecommunications sector.