How big is the Portugal Telecom Market?

The Portugal Telecom Market size is expected to reach USD 6.89 billion in 2024 and grow at a CAGR of 1.21% to reach USD 7.32 billion by 2029. Read More

What is the current Portugal Telecom Market size?

In 2024, the Portugal Telecom Market size is expected to reach USD 6.89 billion. Read More

Who are the key players in Portugal Telecom Market?

Nokia Corporation, Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Vodafone Group Plc and Altice Portugal S.A. are the major companies operating in the Portugal Telecom Market. Read More

What years does this Portugal Telecom Market cover, and what was the market size in 2023?

In 2023, the Portugal Telecom Market size was estimated at USD 6.81 billion. The report covers the Portugal Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Portugal Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Portugal Telecom Market Size & Share Analysis - Industry Research Report

Portugal Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Portugal Telecom Market is Segmented by Services, Which Have Been Further Classified Into Voice Services (Wired and Wireless), Data and Messaging Services, and OTT and PayTV. The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Portugal Telecom Industry Overview

Portugal's telecom market is semi-consolidated due to the ongoing partnerships and recent advancements in the market. Some major players in the market include Vodafone Group PLC, Nokia Corporation, and Altice Portugal, among others.

January 2024: Nokia partnered with NOS, a Portuguese operator, chosen for its 5G standalone core. This selection aims to equip NOS with an advanced, fully automated software model. The model boasts near-zero touch automation and ultra-low latency, and it is designed to enable the delivery of secure, innovative 5G customer offerings at scale. It also promises advanced operational efficiencies.
December 2023: Digi Communications NV's Portuguese arm, Digi Portugal, inked a framework deal with Vodafone Portugal. Under this agreement, Digi Portugal secures spectrum usage rights in the 1,800 Mhz and 3,400-3,800 Mhz bands. Moreover, as a part of the remedy package tied to Vodafone's acquisition of Cabonitel/NOWO Communications SA, Digi Portugal is set to gain wholesale bitstream access to Vodafone's optical fiber network. The primary objective of this agreement is to meet regulatory mandates in Portugal.