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NOS Portugal
NOS is a Portuguese telecommunications and media company who provides mobile and fixed telephony, cable television, satellite television and internet
About NOS Portugal
The story of NOS is not one of a single founder but of a strategic union between two established Portuguese telecom players. The company as it exists today was formed in 2013 through the merger of ZON Multimédia and Optimus Telecommunications. This wasn't a startup story, but a calculated move to consolidate and create a powerhouse in the national telecommunications market. ZON had its roots in Portugal Telecom, the state's former telecom monopoly. In 2007, PT spun off its multimedia division, which included the cable TV service TV Cabo, creating ZON Multimédia. Optimus, on the other hand, was the mobile operator belonging to the Sonae conglomerate, which entered the market in 1998. The game-changing event was the 2013 merger, driven by major shareholders Sonaecom and Isabel dos Santos. The fusion created ZON Optimus, a company with a comprehensive portfolio combining ZON's strength in cable television and internet with Optimus's mobile network. This move was designed to compete more effectively with market leader Portugal Telecom. In October 2013, Optimus's CEO, Miguel Almeida, was appointed to lead the new entity. In May 2014, the company underwent a major rebranding, shedding the ZON and Optimus names to become a single, unified brand: NOS. The name, meaning "we" or "us" in Portuguese, signaled a new chapter focused on integrated services. Today, NOS stands as a major force in Portugal, offering a full suite of services from mobile and fixed-line telephone to television and internet.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 1994
- Headquarters
- Lisbon, Portugal
- Listing
- IPO 2000
- Employees
- 4,015
- Open positions
- 13
- Dealroom signal
- 71.7/100
- Industry
- Media, Telecom
- Sector
- eCommerce & Marketplaces, Data Centers, Horizon Europe
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
- Investment activity
- 5 companies, latest Dec 2025
- Capital deployed
- $9.7M
- Preferred round
- EARLY VC
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO DEBT✓Debt | Sep 2026 | $418M | — | Banco Comercial Português · BPI · Caixa Geral de Depósitos | ↗ |
| POST IPO DEBT✓Debt | Mar 2025 | $110M | — | Banco Comercial Português · BBVA · Caixa Geral de Depósitos | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for NOS Portugal is 4.5M monthly website visits, up 25% over the last three months. NOS Portugal's team grew 22.2% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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→
MediaprobePorto, PortugalReal-time emotional engagement measurement for media content.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later6 investors entered at this stage
Sonaecom
Banco Comercial Português
BPI
Caixa Capital
BBVA
Caixa Geral de Depósitos
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about NOS Portugal on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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